7-28 Point Crescent

7-28 Point Crescent is a luxurious residential development site with spectacular waterfront views looking out into Powell Cove in view of the Bronx-Whitestone Bridge. The property is located in the highly coveted Malba neighborhood of Whitestone, Queens. The lot is zoned for up to approximately 8,500 square feet of buildable rights for a single-family residence. Currently, the property consists of a twostory, 3,000 square foot single family residence; however, a buyer has the ability to either demolish the current structure to build a massive single family home or subdivide the lot in two, with the option of keeping the existing home and building a waterfront home in the rear. Considering the suburban oasis that Malba offers, it is incredibly rare that one could have easy access to major highways and be in midtown Manhattan in less than a 20 minute drive.