Nest Seekers

Exceptional Development Opportunity in the Heart of Downtown Flushing !

New York, NY 11355

Listing

Web ID:5790599
Website:https://www.nestseekers.com/5790599

Property

Ownership: For Sale
Type: Unknown
Bedrooms: Studio
Lot Size: 0.1 Acres

Financials

Price:$6,500,000
Annual Taxes:$88,924

Description

Exceptional Development Opportunity in the Heart of Downtown Flushing! Rarely available R6-zoned development site at 133-38 41st Avenue, ideally positioned in one of Queens’ most active and highly sought-after neighborhoods. Situated on an approximately 5,000 sq. ft. lot (50’ x 100’), the property offers exciting potential for a community facility combined with an approximately 17-unit condominium development, subject to zoning compliance, feasibility review, and all required approvals. The site may accommodate a variety of community facility uses, including medical, educational, daycare, or religious facilities, as permitted by applicable regulations—providing developers and investors with multiple potential development strategies. Just moments from Main Street, the Queens Public Library, the 7 subway line, and LIRR, the property is surrounded by shopping, restaurants, supermarkets, banks, and essential neighborhood amenities. Its prime Downtown Flushing location offers outstanding visibility, accessibility, and convenient connections to Manhattan and throughout Queens. With its desirable zoning, substantial lot size, flexible development potential, and exceptional location, this is a compelling opportunity for developers, investors, and owner-users looking to establish a significant presence in the heart of Flushing.

Contact

Long Island City, NY
47-44 Vernon Blvd, Long Island City, NY 11101
Phone: +1 718-707-0200
Fax: +1 718-707-0233
lic@nestseekers.com
Listing Courtesy of Homix Realty Inc
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