Rehabbing & House Flipping
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago on .

NYC - Maximum [Floor Area Ratio (FAR)]
Question for NYC investors. I got an off market property in Queens. The zoning is R4A, which allows Maximum Floor Area Ratio (FAR) of only .9 of the lot size. But I've noticed newer built properties with the same zoning, that has building square footage which exceeds the allowable FAR. Some are as high as 1.5~1.6. Any NYC architects who knows why this is so?
If this is the case, the property I'm looking at can be knocked down to build an 8 family complex, making this worthwhile to pursue.