211-12/14 Northern Boulevard, Flushing, NY 11361

Bayside, Flushing, New York 11361-3242

$4,500,000  

Listing ID Number

25610

Property Description

Cushman & Wakefield has been retained on an exclusive basis for the sale of 211-12/14 Northern Boulevard in Bayside, Queens.

211-12/14 Northern Boulevard is a development site primed for commercial or residential development. The existing building is a two-story commercial building of approximately 5,544 square feet and will be delivered vacant. The building currently has a vacate order and needs to be demolished.

The lot is approximately 5,000 square feet with 50’ of frontage on Northern Boulevard. The current zoning is C2-2 / R6B which allows up to approximately 10,000 buildable square feet for commercial or residential devel-opment. Directly adjacent to the property (west) is a development site for a proposed ~20,000 square foot two-story commercial building. Other nearby developments include 212-14 Northern Boulevard which is an approximately 20,000 square foot four-story commercial building with ground floor retail and medical space, and 214-04 Northern Boulevard at the corner of Bell Boulevard which will be home to a Chase Bank branch.

211-12/14 Northern Boulevard is located in a high-traffic area on Northern Boulevard adjacent to the inter-section at Bell Boulevard. This location experiences average daily traffic of over 34,000 cars and is a highly desirable location for multiple commercial uses including retail, medical, and office. As well, there is a lack of new-construction residential space in the Bayside area for which the demand is steadily increasing.

No property inspections will be entertained. Please inquire within.

Overview

Building Type:Development/Conversion Sites
Location:Bayside, Queens
Lot Dimensions:50 x 100
approx.
Lot Sq Ft:5,000
approx.
Buildable Sq. Ft:10,000
approx.
Zoning:C2-2 / R6B
FAR:2.0
as of right

Documents

Contact

For further information or inspection, please contact Exclusive Agents:

Stephen R. Preuss
Vice Chairman
(718) 512 2118
stephen.preuss@cushwake.com

Kevin Louie
Senior Associate
(718) 512 2627
kevin.louie@cushwake.com


Property Images

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Property Map


Aerial View


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.