Development Site Prime LIC Approved Plans For 200 Units

Queens, NY 11106, USA
$37,000,000

Details

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    240
    Bedrooms
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    220
    Bathrooms
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    Land Size
    140000 Sq Ft

Investment Highlights

The property consists of a block-through development site located in the Queens Plaza/Dutch Kills neighborhood with plans for a ±140,000 square foot mixed-use development.
The Queens Plaza/Dutch Kills neighborhood has attracted tremendous investment over the last several years as a development boom has occurred following the 2008 rezoning. There are several noteworthy projects within blocks of the Property including Lightstone Group’s luxury rental project on the corner of 30th Street and 39th Avenue (11/2 blocks away), the Mercedes Benz/ Silver Star Motors luxury mixed-use project (4 blocks away) and The Marx boutique luxury condominium adjacent to Kaufman Astoria Studios (51/2 blocks away). Additionally, the site is located in close proximity and easily accessible to Midtown Manhattan and Roosevelt Island Cornell NYC Tech Campus. Kaufman Astoria Studios media and entertainment complex is 51/2 blocks from the site as well as several other neighborhood commercial districts and “big-box” retailers along Northern Boulevard. The Property is walking distance to numerous hotels, restaurants, and luxury residential developments which are situated just south of the site near Queens Plaza.

 

Contact

Evi Kokalari-Angelakis
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