Prime development site in the heart of Flushing.


Property

Website:https://www.nestseekers.com/3419102
Address:
143-35 Sanford Avenue
Flushing, NY 11355
Cross street:Bowne St
Ownership: For Sale
Type: Commercial
Bedrooms: Studio

Financials

Price: $9,980,000
Annual Taxes: $117,289

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Description

Prime development site in the heart of Flushing. This site is currently occupied by a three-story walk-up building with a full basement on the north side of Sanford Avenue boasts an existing 23-unit free-market residential building. The lot size is approximately 50 ft x 140 ft. The property is zoned R7-1. The property is located in the booming Flushing neighborhood, Easy access to transportation, with the 7 subway train and LIRR stations just a short stroll away via Roosevelt Avenue/Flushing Main Street LIRR/Murray Hill LIRR. Flushing is also home to some of the most diverse shopping and dining experiences in New York City. The approved development plans allow for a 9-story, 80 ft tall mixed-use building with 38 residential units, 1 community facility unit, and 11 parking spots. The site will deliver with the approved plan and can be developed at any time.

Contact

47-44 Vernon Blvd, Long Island City, NY 11101
Courtesy of B Square Realty Inc