Listed by Premiere Property Group, LLC
$1,695,000
138-39 Centreville Street
Details
Property Type Land, Multifamily
Sub Type Apartment Building
Square Footage 6,536
Units 2
Price per SqFt $259
Buildings 2
Acreage 0.750
Zoning R3X
Land | 0.75 acres
Marketing description
138-39 Centreville Street presents a residential development opportunity in the Ozone Park section of Queens. The site measures 131.25' x 83' (10,894 square feet) and is zoned R3X with a 0.6 FAR, allowing for 6,536 buildable square feet as-of-right. With the City of Yes rezoning, the FAR increases to 0.75, offering additional development potential for 8,155 buildable square feet.
The property is ideally suited for the construction of three detached two-family homes up to 2,720 square feet each. The neighborhood offers strong residential demand with excellent connectivity—steps from the A subway line, minutes to JFK International Airport, and near the ongoing $5.5B expansion of Resorts World Casino. The expansion is expected to create 10,000 jobs further enhancing the area’s long-term growth and desirability.
Investment highlights
- Lot Area:10,873 SF
- As-of-Right BSF:6,536 BSF
- As-of-Right FAR:0.6
- City of Yes FAR:0.75
- City of Yes BSF: 8,155 BSF
- Zoning: R3X
Listing Contacts
Listed by Premiere Property Group, LLC
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Zoning
R3X ResidentialTwo FamilyDetached Residence
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View all 99 uses Last updated Apr 22, 2026 For deeper zoning details, reports are available at Zoneomics
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