For Sale
$3,500,000

44-07 69 StQueens, NY 11377

Prime Queens location, high potential.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 4,112 sq ft commercial, industrial, and residential development site in Woodside, Queens, NY is offered at $3,500,000. The property, located at 44-07 69th Street, boasts R7X, C2-3 zoning, allowing for the construction of a substantial mixed-use building. As-of-right development potential is 19,490 square feet, offering significant upside. Currently, a 3,500 sq ft building generates annual income, providing immediate return on investment. The 35 ft x 113 ft lot enjoys a prime location near the bustling Queens Boulevard and is conveniently situated just 0.4 miles from the 7 train at the 69th Street station, providing easy access to Manhattan (approximately 30 minutes away). Woodside's robust real estate market, characterized by strong demand for residential properties, makes this a compelling investment opportunity. The property can be delivered vacant, offering flexibility for future development plans. This is a rare chance to acquire a well-positioned development site with immediate income potential and significant long-term growth prospects in a thriving Queens neighborhood.

Highlights

  • 35' x 113' lot, R7X, R5, and C2-3 zoning. 19,756 buildable square feet as-of-right.
  • $115,716 annual income; vacant possession available.
  • 0.4 miles from subway, adjacent to Queens Boulevard.
  • High rental and condo demand in Woodside.
  • 30-minute commute to Manhattan.

Property Details for 44-07 69 St

Property type
Land, Industrial properties

Location Insight

City
Queens
County
Queens
State
New York
Latitude
40.74068244729
Longitude
-73.8958781648
44-07 69 St, Queens, New York

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44-07 69 St
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