RARE INVESTMENT OPPORTUNITY WITH ONE OF DEEPEST CANAL-FRONT LOTS ON THE ISLAND. 50 x 282 x 54 x 260 feet, previously combined from two lots. Ideal for building a large vacation rental home. Located in the highly sought north end of the island in the weekly rental district. Zoning for both single and multi family use (Residential Multifamily -10). Three minute walk to the beach and five minutes to downtown Times Square. This unique location is adjacent to a green nature preserve. A 10 bedroom, 5500 sf single family floor plan with an elevator and large pool has been designed for this lot. Adjacent lot 170 Chapel Street is also listed for sale
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Listing Office: Mobley Realty Group