Prime Commercial / Residential Development Site FOR SALE: 145,250 BUILDABLE SF 69-02 Queens Boulevard, Woodside, NY 11377 PROPERTY INFORMATION
Block:
2432
Lot:
9
Lot Size (IRR):
156’ x 130’ IRR (Approx.)
Lot SF:
29,050 SF (Approx.)
Zoning:
C2-3 / R7X
Commercial F.A.R.:
2.0
Residential F.A.R.:
3.75
Inclusionary Housing Bonus.: 1.25 Maximum F.A.R.:
5.0
Maximum Buildable SF:
145,250 SF (Approx.)
Assessment (13/14):
$907,561 (Approx.)
R.E. Taxes (13/14):
$93, 688 (Approx.)
PROPERTY DESCRIPTION This subject property is an R7X/C2-3 zoned, approx. 29,050 SF development site located on the southeast corner of 69th street and Queens Boulevard in Woodside, NY. The site is currently improved by a single-story, approx. 4,335 SF gas station building, and features a maximum buildable square footage of approx. 145,250 SF (with inclusionary housing bonus) for retail and residential development. The property will be delivered vacant at closing. Please contact any of the individuals below for additional information. All development potential and buildable square footage should be independently verified. DO NOT VISIT THE SITE OR SPEAK TO THE TENANTS WITHOUT AN APPOINTMENT.
205 Montague Street, 3rd Floor Brooklyn, NY 11201 T: 718-238-8999 / F: 718-238-6091
PROPERTY HIGHLIGHTS - Ideally located on Queens Boulevard approx. 15 minutes from Manhattan - Enjoys proximity to the Long Island Rail Road, Brooklyn-Queens Expressway, and Long Island Expressway. - A few short blocks from the Subway [7] on 69th Street and [E, F, M, R, 7] at the intersection of Broadway and Roosevelt Avenue & access to bus lines. 275 Madison Avenue, 3rdnumerous Floor 118-35 Queens Boulevard, 14th Floor New York, NY 10016 T: 212-696-2500 / F: 212-696-0333
ASKING PRICE: $13,500,000
Forest Hills, NY 11375 T: 718-275-3400 / F: 718-275-5478
For further information or inspection, please contact Exclusive Agents:
Tommy Lin
Thomas A. Donovan
Edward Gevinski
Eugene Kim
Director of Sales
[email protected] 718-512-2609
Partner
[email protected] 718-512-2626
Director of Sales
[email protected] 718-307-6502
Director of Sales
[email protected] 718-512-2618
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
NEW JERSEY
QUEENS
STATEN ISLAND
WESTCHESTER