A rare opportunity to create a custom luxury residence in the prestigious Malba enclave. Situated on an oversized approximately 87' x 121' lot, this property offers the foundation for a truly exceptional home. The property is already prepared for redevelopment, with water, electric, and sewer cutoffs completed, allowing a buyer to begin construction without delay. Alternatively, the existing home can be retained and thoughtfully renovated, offering a more immediate living option with the ability to customize over time. Conceptual plans have been designed for a 10,000+ square foot French Chateau style estate in conjunction with the adjacent property. While these plans are not directly transferable to this lot alone, they provide a strong architectural vision and a valuable starting point for a buyer looking to create a custom residence. A buyer may work with the existing architect to adapt and tailor the plans, or design a fully custom home to suit their needs. The design reflects timeless European inspired architecture, with elegant stone detailing, a slate style roofline, and grand proportions rarely seen in Queens. Set on a quiet, tree lined block within Malba, one of Queens' most exclusive and sought after residential communities, the property offers a rare blend of privacy, space, and convenience, with proximity to the waterfront, major highways, and Manhattan. Opportunities to build a custom home in Malba are exceptionally limited. 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.