Situated along vibrant Queens Blvd, this auto body shop presents a lucrative opportunity for investors.


Property

Website:https://www.nestseekers.com/3142893
Address:
139-43 Queens Boulevard
Jamaica, NY 11435
Cross street:Hillside Ave
Ownership: For Sale
Bedrooms: Studio
Pets: Pets No
Lot Size: 6000 sq ft

Financials

Price: $3,500,000

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Description

Situated along vibrant Queens Blvd, this auto body shop presents a lucrative opportunity for investors. The property encompasses an expansive 6,000 square foot lot, strategically zoned C4-3A, featuring a Residential FAR of 3 and a Commercial FAR of 3, setting the stage for a substantial development project. With a generous 18,000 buildable square feet, the possibilities are limitless. Explore the potential for combining this property with neighboring air rights for an even more expansive development endeavor. An accomplished architect has already envisioned a grand 5-story mixed-use building with a total of 23,704 BSF. Positioned conveniently off Hillside Ave, it's just a short stroll from the F Train express subway station at Hillside and 144 St, offering easy access to multiple bus routes and the VanWyck Expressway. Additionally, you'll be surrounded by the bustling retail stores lining Queens Blvd.

Contact

47-44 Vernon Blvd, Long Island City, NY 11101
Courtesy of Gadura Real Estate LLC