Nest Seekers

Now in an Affordable Housing Fast Track district.

New York, NY 11361

Listing

Web ID:5695550
Website:https://www.nestseekers.com/5695550

Property

Ownership: For Sale
Type: Unknown
Bedrooms: Studio
Lot Size: 0.3 Acres

Financials

Price:$6,250,000
Annual Taxes:$64,643

Description

Now in an Affordable Housing Fast Track district. Beginning January 1, 2027, qualifying mixed-income rezonings in Queens CD 11 receive a 90-day public review decided by the City Planning Commission, creating potential to exceed the as-of-right 25,492 buildable SF. A rare opportunity to acquire a mixed-use development site in the heart of Bayside, this two-lot assemblage at 211-20 Northern Boulevard offers approximately 12,496 square feet of land with significant development potential along one of Queens' premier commercial corridors. Situated within the R4 / R6B / C2-2 zoning district, the site permits a mixed-use development with residential and ground-floor commercial uses. An architect-prepared zoning analysis illustrates a compliant development scenario totaling approximately 25,492 buildable square feet, including approximately 4,345 square feet of ground-floor commercial space (subject to purchaser verification). The property enjoys exceptional frontage and visibility along Northern Boulevard and is just one block from Bell Boulevard, Bayside's premier retail and dining destination. The site also offers convenient access to the Bayside LIRR Station, the Cross Island Parkway, Clearview Expressway, and the Long Island Expressway, providing excellent connectivity throughout Queens, Long Island, and Manhattan. Surrounded by national retailers, neighborhood businesses, restaurants, and established residential communities, this offering presents an exceptional opportunity for developers to capitalize on one of Northeast Queens' most desirable and well-established neighborhoods. Any rezoning is subject to City approval and is not guaranteed; purchasers should consult their own land use counsel.

Contact

Long Island City - Jackson Ave
24-20 Jackson Ave Floor 3 Long Island City, NY 11101, USA
Phone: +1 929-442-2208
BethoneyShen@nestseekers.com
Listing Courtesy of Blue Brick Real Estate
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