1220 Astoria Boulevard, Astoria NY 11102

Astoria, Queens, New York 11102

$2,800,000   $2,500,000  

Listing ID Number

25161

Property Description

Cushman and Wakefield has been retained on an exclusive basis for the sale of 1220-1222 Astoria Boulevard and 28-10 14th Street in Astoria, Queens.

The subject site is an approximately 4,975 square foot lot assembled from three adjacent lots on the corner of Astoria Boulevard and 14th Street. The assemblage sits in a C2-3 / R6B zone which allows up to 9,950 buildable square feet for mixed-use or residential development.

The site is located in proximity to the Astoria Ferry Terminal located less than a half mile west on the Hallets Cove Peninsula. The Ferry schedule will commence on August 29, 2017 and will offer a 30 minute ride to 34th Street and 45 minute ride to Wall Street in NYC with stops in Long Island City and Roosevelt Island. Also in proximity is the Brooklyn-Queens Expressway located a half mile north, and the Astoria Boulevard subway station N W trains located a few blocks east.

Property inspections are by appointment only - please inquire within.

Overview

Building Type:Development/Conversion Sites
Location:Astoria Boulevard, Long Island City
Block/Lot:512/12, 01, 02
Lot Dimensions:71.85' x 131.85'
IRR
Lot Sq Ft:4,975
apprpox.
Buildable Sq. Ft:9,950
Zoning:C2-3 / R6B

Documents

Contact

For further information or inspection, please contact Exclusive Agents:

Stephen R. Preuss
Senior Managing Director
(718) 512 2118
stephen.preuss@cushwake.com

Andreas Efthymiou
Associate
(718) 512 2621
Andreas.Efthymiou@cushwake.com


Property Images

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Property Map


Aerial View


The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.