Bridge Property Advisors has been exclusively retained to ground lease 110-06 Beach 110th Street (the “Property” or “Site”), a development opportunity located in the heart of Rockaway Beach, Queens NY. The waterfront site located on Beach 110th Street and Rockaway Beach Boulevard has a 76,000 square foot (380’ x 200’) footprint.

The site boasts unfettered views of the ocean with 200 feet of beach frontage. It is within walking distance to the “A” train on Beach 116th
Street and the NYC Ferry on Beach 108th Street. The site is approximately 9 miles to JFK Airport and 16 miles to LaGuardia Airport.
The property owner is seeking to enter into a ground lease with a developer to work on a potential rezoning and development of the site.
While this site is currently zoned R4, there have been several large-scale rezonings within proximity to this site and given the scale of the
site and its proximity to local infrastructure, this site would be a good candidate to apply for rezoning to increase the allowable building
density on the site.

With large-scale, transformative rezonings in the area and over $1 billion invested into the communities’ infrastructure over the past ten
years, the Rockaway Peninsula is poised for a real estate renaissance with nearly 10,000 residential units in the pipeline. This offering
presents the opportunity to be a part of the revitalizing oceanfront community and develop a modern, mid-rise residential building on the
Rockaway Beach waterfront.