Featured Properties

Bayside Gables

Property Description:

Exquisite Split-Level Residence in Prestigious Bayside Gables. Welcome to Bayside Gables, one of New York City’s premier gated communities and the crown jewel of Bayside. Known for its elegance, security, and exclusivity, this neighborhood is home to some of the most luxurious residences in Queens. With its multi-million-dollar estates and serene, residential atmosphere, Bayside Gables offers an upscale lifestyle. URGO REALTY, INC. is proud to exclusively present this distinctive single-family home, thoughtfully designed in a classic Split-Level style, where multi-tiered living spaces are seamlessly connected by short staircases for both function and charm. Imagine enjoying a generous 3,657 sq ft interior space across four levels, and a finished basement. Imagine enjoying the interior that is always drenched with sunlight and then looking out to the meticulously landscaped 13,100 sq ft lot with a backyard front yard and double garage. Lovingly maintained by a long-term owner, the home exudes warmth, cleanliness, and character in every room. The property is located in an R1-2 zoning district and it benefits from generous open space requirements. It also boasts an additional 2,882 sq ft of unused FAR (floor area ratio). Whether you're looking to extend or build up, there's ample potential for redevelopment—subject to Department of Buildings and Bayside Gables HOA approvals. Whether you are searching for a forever home with estate-style living or exploring a unique redevelopment opportunity, this property is a rare find. Call today for a private tour.

54-Unit Apartment Building 37-51-37-57 80th Street Jackson Heights, NY
11372

We are excited to present an exceptional investment opportunity in Jackson Heights, Queens County, NY.

This well-maintained apartment building comprises two adjacent brick structures, each containing 27units. The units consist of 15 one-bedroom apartments and 12two-bedroom apartments. The vacancy rate, which has historically been at “0”, is, due to the steady rental demand in Jackson Heights, fueled by cultural appeal and a diverse population. The building is conveniently located just steps away from the #7 subway line, making commuting to Manhattan easy for tenants. Situated in the northwestern part of Queens, Jackson Heights is bordered by Corona, Elmhurst, Woodside, and Astoria. It has excellent access to subway lines #7, E, F, M, and R.

This investment offers stable cash flow and considerable long-term appreciation potential, particularly due to ongoing revitalization efforts in the area. This opportunity should be highly valued. Potentially attractive to private equity entities, institutional investors such as pension funds and insurance companies, family offices, and long-term individual investors. The government can also facilitate the purchase of rent-stabilized buildings by nonprofit housing providers through programs, attempting to preserve affordability.

**Description: **

Total Lot Size: 150 ft x 100 ft
Total Building Dimensions: 150 ft x 80 ft - Zoning District: R7-1
Total Residential Square Footage: 41,500 sq ft (20,750 sq ft perbuilding)

Average Unit Size: 769 sq ft

Residential Floor Area Ratio (FAR): 3.44

Facility Floor Area Ratio (FAR): 4.8

Undeveloped Square Footage: 10,050 sq ft.

Opportunity Zone: Yes -Fuel- Oil Grade2 Weil Maclain /508 -School district 30