$4,395,000

For Sale

A month ago

27 Center Dr, Malba, NY

Name: 27 Center Dr, For Sale in Malba - eXp Realty
Brand: Blue Brick Real Estate
SKU: 974441
Price: 4395000 USD

House

MLS® 974441

4 Bed

4 Bath

2480 sqft

Key Facts
Description
Map

Key Facts

Type Single Family Residence

Levels Residential

Size 2480 sqft

Garage

Taxes $14,144

Days Active 40

Lot Size

Approx. Age 1925

Avg. Price Per Sqft $1,772

MLS® Number 974441

Property Address: 27 Center Dr, Malba, NY, 11357-1072

Average square foot calculated using Size range provided by listing agent.

Description

Rare Malba Offering – Double Lot with Estate Scale Build and Subdivision Potential 23 & 27 Center Drive A rare opportunity in the prestigious Malba enclave to create a true estate level residence or pursue a high end development project. Approved plans are already in place for a 10, 000+ square foot French Chateau style home, thoughtfully designed to incorporate portions of both lots. This offers a buyer the ability to bring this grand vision to life without starting from scratch. The property is also primed for redevelopment, with water, electric, and sewer cutoffs already completed, allowing for a seamless transition into construction. For end users, this offering presents a unique opportunity to create a private estate setting with exceptional scale, privacy, and flexibility. A buyer can move forward with the existing plans or tailor them to suit their own custom residence. Two adjacent properties are being offered together, situated on oversized parcels measuring approximately 65' x 100' and 87' x 121'. For developers, the property is located within R1-2 zoning, with a completed zoning analysis outlining the potential to subdivide into three buildable lots, each supporting approximately 3, 000+ square feet of living space, subject to architect and DOB approval. This creates a compelling opportunity to develop multiple custom homes in a neighborhood where new construction inventory is extremely limited. Alternatively, a buyer may choose to build on one lot while retaining the second for additional outdoor space, a secondary structure, or long term flexibility. The existing second home requires a full gut renovation, offering further upside for repositioning or resale. Set within the Malba community, known for its tree lined streets, waterfront proximity, and quiet residential feel, this is a rare chance to acquire scale, flexibility, and long term value in one of Queens’ most exclusive enclaves. All information, including but not limited to zoning, plans, and development potential, is provided for informational purposes only and is not guaranteed. Buyers are advised to conduct their own due diligence and consult with their architect and professionals to verify all details.

MLS® Number974441

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1925

BasementFull

DrivewayDriveway

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Mar 20, 2026List Date

$4,395,000List Price

Home Appraisal

This property is estimated to sell between: $1,803,000 and $5,691,000.

Similar properties in this area sold on average for: $1,803,000

Expected to sell in 39 days. Similar properties sold in 79 days. This home has been on eXp Realty for 40 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

Commute

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Starting Address

Destination Address

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