76670 M1-5 Long IsLand CIty

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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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QM QM QM apartments and 35,000 sf of commercial space directly across the streetQM 10from 12 15 16the site.

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212.544.9500 x12 L Lorimer St

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Shimon Shkury

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MASP

212.544.9500 x11 D ST

[email protected]

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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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CALVARY CEMETERY

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GRx13V 212.544.9500 AN 59

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Victor Sozio

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[email protected]

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LORIMER ST

[email protected]

212.544.9500 x18 WIL

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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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153.99’

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Daniel Wechsler

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62 V For More Information Please Contact Our Exclusive S A Sales Agents GG

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Asking Price: $15,500,000 ME

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CONTINUING EDUCATION

La Guardia Community College

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LAGUARDIA COMMUNITY COLLEGE

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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

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HUNTERS POINT

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LONG ISLAND CITY Court Sq

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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

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DUTCH KILLS

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bridge

Queensboro Plaza

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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

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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.

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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

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$52,765

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As-of-RightE 5Sq. 7 Ft. (Approx.)

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76,670

Taxes (15/16)

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68 St

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15,334

Buildable Footage

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153.99' x 100'

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5 Av / 59 St R between Honeywell Street and 39th Street South side of Northern Boulevard

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35-02 Northern Boulevard, Queens, NY 11101

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HELL GATE

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Property Information

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Long Island City PA R

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76,670

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ATTANQueens, NY 11101 35-02 NorthernMANH Boulevard, M

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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