Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Building Area Gross
Land Area Gross ()

Property Description

JLL has been hired on an exclusive basis to arrange for the sale of 48-02

Queens Boulevard (“The Site”), an exceptional development opportunity in

Sunnyside, Queens. The Site encompasses an entire blockfront along one

of Queens’ most important thoroughfares with over 390’ of total combined

frontage. Currently, The Site is comprised of a single-story building totaling

approximately 13,300 square feet along with a parking lot.

Investment Highlights

Situated within a flexible C4-4A zoning district, prospective developers

can create a unique mixed-use project. Zoning permits a 4.0 FAR for

residential, commercial and/or community facility uses which equates

to approximately 76,000 buildable square feet. The development can

be increased to approximately 87,470 buildable square feet through the

inclusionary housing program.

Last Updated Date: 30 Sep 2021
Bob Knakal
Bob Knakal
Chairman, NY Investment Sales, New York Office Co-Head
License details
NY-10311207925
Stephen Palmese
Stephen Palmese
Vice Chairman
License details
NY-10311208021

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Last Updated Date: 30 Sep 2021

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