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27 Center DriveMalba, NY 11357

For Sale

$4,395,000

Smart Buyer Rebate $54,938

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.

Listed by Antonino Lo Verme

·

Blue Brick Real Estate

·

718-614-8349

Last updated March 21, 2026

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Source: OneKey #974441

Listing Facts

  • TypeSingle-family
  • NeighborhoodWhitestone
  • Bedrooms4
  • Bathrooms4
  • Days on Prevu15
  • Taxes$14,144/year
  • Size2,480 sqft
  • Price per sqft$1,772

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

03/20/2026
Listed by Blue Brick Real Estate
$4,395,000

Estimated Closing Costs

Total
$162,886
Attorney Fees
$4,000
NYC Mansion Tax
$65,925
Title Insurance
$19,778
Bank Attorney
$1,500
Mortgage Recording Tax
$67,683
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $4,395,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 27 Center Drive

Exterior

Construction

  • Year Built: 1925
  • Architectural Style: Cape Cod, Colonial
  • Construction Materials: Brick, Frame

Measurements

  • Building Area Total: 2,480
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.14
  • Lot Size Square Feet: 6,522

Financial

Taxes

  • Parcel Number: 04431-0045
  • Tax Annual Amount: $14,144.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Gas Range
  • Interior Features: Other

Measurements

  • Living Area: 2,480
  • Living Area Source: Other

Rooms

  • Basement: Full
  • Has Basement: Yes
  • Bathrooms Full: 4
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 4
  • Rooms Total: 12

Parking

Parking

  • Parking Features: Driveway

Schools

Elementary School

  • Elementary School: Ps 79 Francis Lewis
  • Elementary School District: Queens 25

High School

  • High School: Flushing High School
  • High School District: Queens 25

Middle or Junior School

  • Middle Or Junior School: Jhs 194 William Carr
  • Middle Or Junior School District: Queens 25

Utilities

Equipment

  • Heating: Other
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 4 bedrooms and 4 bathrooms in this single-family home at 27 Center Drive.

What schools are nearby to 27 Center Drive?

Nearby schools include the Ps 79 Francis Lewis Elementary School, Jhs 194 William Carr Middle School, and Flushing High School.

What are the annual taxes for 27 Center Drive?

Annual taxes for this single-family home are estimated at $14,144.

How does 27 Center Drive compare to other single-family homes in Whitestone?

This single-family home is listed 110% above the average price for single-family homes in Whitestone and has been on the market for 117 less days than the typical home in this area.

What is the square footage on this single-family home?

According to the MLS, this listing is 2,480 sqft.

27 Center Drive is a 4-bedroom, 4-bath single-family home for sale in Malba NY 11357. Listed on Prevu for 15 days at $4,395,000. This home features 2,480 square feet of living space, located in Whitestone. The median listing price for single-family homes in this area is $1,200,000. Nearby schools include Ps 79 Francis Lewis Elementary School, Jhs 194 William Carr Middle School, and Flushing High School. Property amenities include parking. Browse more single-family home listings in Queens.

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2026, OneKey™ MLS. All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.