Whitestone waterfront for sale, development

House hunters searching for outer-borough bliss may soon find sanctuary on a scenic Whitestone cove, as 13 acres of waterfront property — the single largest building site in the borough — is now for sale.

The site, located at 151-45 6th Road, is currently overseen by real estate agent Stephen Preuss of Massey Knakal Realty Services. He is confident that sale price maximization will be possible over the next few months. Preuss alleges the property, which became available via short sale, has already been approved for the construction of 52 single-family homes by the City Planning Commission as well as the “proper community channels,” including Community Board 7.

“We shouldn’t have any problems picking up these plans and moving forward,” said Preuss.

According to Preuss, the land will most likely be purchased by a single developer rather than broken up into smaller plots, adding that the buyer may choose to build in phases as opposed to assembling the entire area at once.

Five of the 13 acres are submerged underwater, which, according to Preuss, the builder would most likely convert into a marina or boat slips.
“It’s one of the most desirable areas in the borough,” he said.

The average waterfront home in Whitestone sells for $2 million, according to Preuss.

State Senator Tony Avella supports the development so long as it adheres to the current plan of 52 single-family homes. Straying from this, Avella threatens, will meet “fierce opposition from the community and me.” As the land is currently an industrial site, Avella believes the addition of a well-thought-out housing complex will be an asset to the community, rather than a detriment.

“A lot of work was put into this plan which will match the character of the neighborhood and set a precedent for future development,” said Avella.