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$4,395,000
New Listing

27 Center Drive
Malba, NY 11357

For Sale|Single Family Residence|Active
4
Beds
4
Total Baths
4
Full Baths
2,480
SqFt
$1,772
/SqFt
1925
Built
County:
Queens
Listing courtesy of Blue Brick Real Estate Anthony@BlueBrickRE.com
27 Center Drive27 Center Drive27 Center Drive27 Center Drive
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Monthly Payment (Est.)

$20,052
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

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.

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Listing Snapshot
Price 
$4,395,000
Days On Site 
0 Days
Bedrooms 
4
Inside Area (SqFt) 
2,480 sqft
Total Baths 
4
Full Baths 
4
Partial Baths 
N/A
Lot Size 
0.1497 Acres
Year Built 
1925
MLS® Number 
974441
Status 
Active
Property Tax 
$14,144
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 hours agoListing first seen on site
2 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.1497
Parking 
Driveway
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
SqFt Total 
2480
Style 
Cape CodColonial
Utilities 
None
Water Source 
Public
Interior Features
Appliances 
Gas Range
Basement 
Full
Heating 
Other
Interior 
Other
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Exterior Features
Construction Details 
BrickFrame
Community Features
School District 
Queens 25
Schools
School District
Queens 25
Elementary School
Ps 79 Francis Lewis
Middle School
Jhs 194 William Carr
High School
Flushing High School
Listing courtesy of Blue Brick Real Estate Anthony@BlueBrickRE.com


Based on information submitted to the MLS GRID as of 2026-03-20 03:23 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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