Development Site For Sale 148-26 Hillside Avenue Jamaica, NY 11432 Location: Block: Lot: Lot Dimensions (Approx.): Lot Sq. Ft. (Approx.): Building Dimensions (Approx.): Stories: Building Sq. Ft. (Approx.): Building Class: Year Built: Zoning: Residential F.A.R. - R7A: Commercial F.A.R. - C2-3: Assessment (14/15)(Approx.): Taxes (14/15)(Approx.):
South side of Hillside Avenue between 148th and 150th Street 9694 17 125' x 138' 17,450 60' x 32' 1 1,920 G2 1954 (Estimated) R7A/C2-3 3.45/4.6 2.0 $286,451 $29,570
Property Highlights •2 Blocks from the F Train •125’ of Frontage on Hillside Ave •Rarely available 18,000 SF footprint on Hillside Ave •2 Blocks from Sutphin Blvd •High Vehicular and Pedestrian counts •80k Buildable SF Description: The subject property is located on the south side of Hillside Avenue between 148th and 150th Streets in Jamaica, Queens. This development site has a total footprint of approx. 17,450 square feet. Major commercial tenants in the immediate area include Mobil, Toyota, Honda, Pep Boys, Enterprise, Hyundai, HSBC, TD Bank, Nissan, Allstate, Rite Aid, and Ramada Hotel. The property is located two blocks away from the F and E subway stop and within a block of Q43 bus stop. Given its large footprint, substantial frontage on Hillside Avenue and its proximity to neighborhood amenities and transportation, the site offers an excellent opportunity for commercial and/or residential development.
Development Breakdown Total Lot Sq. Ft. Zoning F.A.R. Buildable Sq. Ft. Residential (With Inclusionary Housing)
17,450 205 Montague Street, 3rd Floor Brooklyn, NY 11201 T: 718-238-8999 / F: 718-238-6091
Commercial 275 Madison Avenue, 3rd Floor New York, NY17,450 10016 T: 212-696-2500 / F: 212-696-0333
R7A
4.6
80,270
118-35 Queens Boulevard, 14th Floor
C2-3 Forest 2.0 Hills, NY 11375 34,900 T: 718-275-3400 / F: 718-275-5478
For further information or inspection, please contact Exclusive Agent: Brian J. Sarath Director of Sales / Licensed Salesperson
[email protected] (718) 275-3400 x 2616 The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the 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 HEREIN.
118-35 Queens Blvd. • 14th Floor • Forest Hills, NY 11375 • 718.275.3400 • Fax 718.275.5478 www.masseyknakal.com THE BRONX
BROOKLYN
MANHATTAN
NASSAU
QUEENS
STATEN ISLAND
WESTCHESTER