Description
Price Drop. Introducing 53-04 Seabury, Elmhurst, NY 11373: A Premier Investment Opportunity in ElmhurstDiscover this unique and captivating property, formerly a convent, offering a remarkable investment opportunity. Boasting a spacious and versatile layout, the property features 9 bedrooms along with a variety of bathrooms, including 4 full and 3 half baths, spread over an impressive 3066 square feet of living space. Situated on a substantial corner plot of 44'x74' (3256 square feet), this residence distinguishes itself in its community.The property also includes a well-designed basement, brightened by large windows and equipped with a separate entrance, enhancing the charm and functionality of the estate. A long driveway leading to off-street parking flows into a charming backyard, adaptable for multiple purposes.Rich in historical value, the property incorporates a full chapel on the first floor, a testament to its past as a church-owned building. This feature, coupled with its strong Single Room Occupancy (SRO) potential, renders the property ideal for varied uses such as a city retreat, group home, or for development ventures.Zoned R5 and classified as A1 - Residential, the property boasts significant development potential. The favorable Floor Area Ratio (FAR) values, 1.25 for Residential and 2 for Facility, along with an existing FAR of .94, and an allowable usable floor area of 4069 square feet, highlight its investment allure.Viewings are available by appointment, requiring a 24-48 hour notice to ensure the privacy of the current tenants. We respectfully request that the tenants are not disturbed during this time. This extraordinary Elmhurst property is a unique and lucrative opportunity for astute investors.
