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76,670 Buildable Sq. Ft. LIC Development Site | FOR SALE 4 5 M 2 3 4 1 M
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212.544.9500 x12 L Lorimer St
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Shimon Shkury
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212.544.9500 x11 D ST
[email protected] GRAN
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24 62 Metropolitan| Av Ariel Property Advisors | Building Results | 122 East 42nd Street, Suite 1015 - New York NY 10168 212.544.9500 | arielpa.com
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[email protected] METROPOLITAN AV
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[email protected] WYT
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CALVARY CEMETERY
164.26’
KINGSLAND AV
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GRAHAM AV
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GRx13V 212.544.9500 AN 59
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Victor Sozio
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BLISSVILLE
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MANHATTAN AV
[email protected] LIA
LORIMER ST
[email protected] 212.544.9500 x18 WIL
TA N
62
SP
48
43
LEONARD ST
212.544.9500 x44
Bedford Av
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OP Michael A. Tortorici OL I
Jesse Deutch
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Area: 15, 334
McCARREN PARK
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I
ER
153.99’
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UNION AV
Daniel Wechsler
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NASSAU AV
62 V For More Information Please Contact Our Exclusive S A Sales Agents GG
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DRIGGS AV
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Asking Price: $15,500,000 ME
10 12 15
60 32
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QM QM QM
EN GRE
100.54’
FRANKLIN ST
WEST ST
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11 25
People, Changing
KINGSLAND AV
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CONTINUING EDUCATION
La Guardia Community College
33 St 7
21 24 67
ree
VISITOR CENTER AT NEWTOWN CREEK
Greenpoint Av
MAN
214
LAGUARDIA COMMUNITY COLLEGE
16 17 18
HUMBOLDT ST
QM QM
N AV
POIN
224B
Plaza
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NEWTOWN CREEK NATURE WALK
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block
McGUINNESS BLVD
HURON ST
MANHATTAN AV
FREEMAN ST
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LIRR HUNTERS POINT AV 49 A V
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21 St
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17 18 20 21 FERRIES TO Vernon Blvd QM QM X X 24 25 63 Blvd 64 Offering tremendous scale and a central, accessible location, 35-02 Northern represents an outstanding MANHATTAN: X BM Jackson Av 68 5 in a rapidly growing area. investment opportunity for developers and owner/users seeking a foothold E34 ST LIRR PIER 11 LONG NG
Tax Map
Subject Property B
475 RD7
SUNNYS YARD
E M R Queens
39 E M
HUNTERS POINT
8
36 St M R
LONG ISLAND CITY Court Sq
NORTHERN
101
1007
Court Sq 23 St
VERN
7
7
N Q
LVD
6
39 Av
SB
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RD 69
S MID TOW QM QMthere QM N TU approximately 22,500 Since 2006 there have been 8,600 units of housing constructed in LIC QM and are 1 2 3 4 NN on Bl L QM QM QM QM additional units in the pipeline. This includes approved plans for a 103,000 sf mixed Euse building with 85
AV 36 Av
DUTCH KILLS
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bridge
Queensboro Plaza
103
T 7 7 Convenient access to Brooklyn, Manhattan and throughout Queens is provided by the M,R subways at the 36th Street station and the N,Q subways at the 39th M Avenue station. QM Q
AV
N Q
42
LVD
4S
21 St
QU
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37
F Queens
AV
ON
Spanning 154’ of frontage along Northern Boulevard this lot contains a single story structure with two tenE4 M 3S 15 T UNITED ants operating on a month-to-month basis currently paying $180,000 gross ($11.75/sf) that can be delivered NATIONS vacant.
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With a lot size of 15,334 sf, the M1-5 zoning provides 76,670 buildable square feet for a range of commercial uses including retail, office, hotel and entertainment. The property is located within the LIC Core Study Area, E E 3 the capacity for additional housing developM an area identified by the Department of City Planning as having 8S T ment.
40
66
37 ST
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QM QM QM Ariel Property Advisors present 35-02 Northern Boulevard, a prime commercial development QM site in 17 18 20located 21 QM X X X 24 63 64 68 Long Island City (LIC), Queens, one of NYC’s fastest growing neighborhoods. E
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Investment Highlights
QM QM QM QM
5S
AV 66
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ED E5
34
Island
M
57
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VER
NO
T
23
Lexington Av 53 St - 51 St
36 A V
27 ST
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OA DW AY
RAVENSWOOD
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MoMA
$52,765
60
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AV
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As-of-RightE 5Sq. 7 Ft. (Approx.)
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36
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Sq. Ft. (Approx.)
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101
100
BR
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EV
Irr.
3018 AV
VER
Lexington Av 59 St
BLV D
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SOCRATES ISAMU SCULPTURE NOGUCHI PARK GARDEN MUSEUM 104
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EN DA V E6
EA ST
63 St
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AN D
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102
YO R
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F Lexington Av -
0S
NB
2A V
103
0S
RO
76,670
Taxes (15/16)
E7
68 St
21 ST
15,334
Buildable Footage
4 ST
LE X ING TO N
NA V ISO
Lot Area
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noguchi
153.99' x 100'
27 A V
T
T
5S
432 5 6
Lot Dimensions
2S
9S
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6
N Q
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MA D
5.0
31
77 St
5 Av / 59 St R between Honeywell Street and 39th Street South side of Northern Boulevard
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Location
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Location
FAR
5S
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M1-5
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35-02 Northern Boulevard, Queens, NY 11101
Zoning
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103
Address
Portion of 214 / 251
HELL GATE
9S
M
103
Property Information
Block / Lot
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M
M
Zoning
ST
1S
101 102
AV
Buildable SF
M
15
T
6
Long Island City PA R
M1-5
86 St
5A V
76,670
1
E9
ST
7S
ATTANQueens, NY 11101 35-02 NorthernMANH Boulevard, M
00
E9
2A V
81 St
E1
FD RD R
3A V
MA DIS ON AV
CO LU MB US
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Theinformationcontainedhereinhaseitherbeengiventousbytheownerofthepropertyorobtainedfromsourcesthatwe86 deem St reliable.Wehavenoreasontodoubtitsaccuracybutwedonotguaranteetheaccuracyofany information provided herein. As an example, all zoning information, buildable footage estimates and indicated uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example, and does not necessarily relate to actual vacancy, if any. The value of this prospective investment is dependent upon these estimates and assumptions made below, as well as the investment income, the 6 tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. The prospective buyer should carefully verify each item of income, and all other information contained herein. January96 12,St2016 6:05 PM