53-04 Seabury Street

Elmhurst

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Description

This unique property, formerly a convent, beckons with remarkable investment potential. Featuring a spacious, 9-bedroom layout across 3,066 square feet, it offers versatility and privacy with 5 full and 2 half baths. Sitting on a generous corner lot, the residence boasts a sunlit basement with separate entrance, along with private parking, and a charming, multipurpose backyard. Steeped in history, the property includes a first-floor chapel, whispering of its past. This, combined with its Single Room Occupancy (SRO) potential, opens doors for diverse uses: a city retreat, group home, or even development ventures. Zoned R5 and classified as A1-Residential, the property unlocks significant development potential. Favorable Floor Area Ratios (FAR) 1.25 for Residential and 2 for Facility and an existing FAR of .94, allowing for an additional 4,069 square feet of usable space, underscore its investment brilliance.

Listing Courtesy of keller williams nyc