89-09-15 148th Street — For Sale Residential ... - AGORAFY

Report 0 Downloads 15 Views
89-09-15 148th Street — For Sale Residential Development Site For Sale Jamaica, Queens, NY 11435 Investment Sales

49

150th Street

148th Street

89th Avenue

47

88th Avenue

Property Description Location: Block: Lots: Building Class: Lot Size: Lot SF: Gross SF: Assessment (14/15): Taxes (14/15): Tax Rate:

Between 88th and 89th Avenues 9681 47, 49 C0 70’ x 125’ (approx./irreg.) 7,525 SF (approx.) 5,098 SF (approx.) $59,018 $11,326 19.191%

Zoning Information Classification: Base FAR: Inclusionary FAR: Total BSF: Total BSF (IH):

R7A/DJ 3.45 4.6 25,961 SF 34,615 SF

(approx.) (approx.)

Development Opportunity  The Properties are zoned as R7A/DJ with a maximum market rate FAR of 3.45 and a maximum inclusionary FAR of 4.6.  The sites allows approximately 25,961 market rate buildable square feet.  As of right, these properties could be developed into multifamily buildings.  Properties are situated outside of the Geographic Exclusionary Area (GEA). 421(a) “As of Right”.  Walking distance to the prime retail corridor on Jamaica and Hillside Avenue.  York College and St. Johns University educate over 30,000 students.  One block away from Rufus King Park. Transportation  Easy access to both JFK and LaGuardia through the new Downtown Jamaica transit hub.  20 minute travel time to both Midtown Manhattan and Downtown Brooklyn via LIRR.  Walking distance to the E, J, and Z lines via the Sutphin Blvd-Archer Avenue train station as well as the F train via the Sutphin Blvd station.

—————— ASKING PRICE: $2,100,000 —————— For Further Information, Please Contact Exclusive Sales Team Sean R. Kelly, Esq. (718) 687-4205 [email protected]

James R. O’Neill (718) 687-4236 [email protected]

Sean Sears (718) 687-4227 [email protected]

CPEX Real Estate | 81 Willoughby Street 8th Floor | Brooklyn, NY 11217 | Tel: (718) 935-1800 | Fax: (718) 935-1822 | All information contained herein was provided by or obtained from the owner of the property or from sources that we deem reliable. Though we have no reason to doubt the validity of the information, we do not warrant any information disclosed. IT IS STRONGLY URGED THAT THE PROSPECTIVE PURCHASER CAREFULLY VERIFY EACH ITEM OF SIZE, EXPENSES, RENT ROLLS, PERMITTED LEGAL USE, AND ALL OTHER INFORMATION PRESENTED HEREIN.

89-09-15 148th Street — For Sale Residential Development Site For Sale Jamaica, Queens, NY 11435 Investment Sales

Retail Map

—————— ASKING PRICE: $2,100,000 —————— For Further Information, Please Contact Exclusive Sales Team Sean R. Kelly, Esq. (718) 687-4205 [email protected]

James R. O’Neill (718) 687-4236 [email protected]

Sean Sears (718) 687-4227 [email protected]

CPEX Real Estate | 81 Willoughby Street 8th Floor | Brooklyn, NY 11217 | Tel: (718) 935-1800 | Fax: (718) 935-1822 | All information contained herein was provided by or obtained from the owner of the property or from sources that we deem reliable. Though we have no reason to doubt the validity of the information, we do not warrant any information disclosed. IT IS STRONGLY URGED THAT THE PROSPECTIVE PURCHASER CAREFULLY VERIFY EACH ITEM OF SIZE, EXPENSES, RENT ROLLS, PERMITTED LEGAL USE, AND ALL OTHER INFORMATION PRESENTED HEREIN.