Embed Size (px)
Citation preview
36-01 NORTHERN BOULEVARD
TEAMPREUSS 129-02 NORTHERN BOULEVARD
129-02 NORTHERN BOULEVARDFLUSHING, QUEENS NEW YORK
BLOCK / LOTS 1833 / 215 425 230
LOT DIMENSIONS 316’ X 100’ 115.31’ x 74.73’ 36.85’ x 308.69’ irr.
LOT SQ. FT. 128,949 3,549 5,700 approx.
GROSS LOT SQ. FT. 138,198 (3.17 Acres) approx.
ZONING WP / C4-4 (R7)
FAR (BASE) 2.0
BUILDABLE SQ. FT. (BASE) 257,898 7,098 11,400 approx.
GROSS BUILDABLE SQ. FT. 276,396 approx.
FAR (C4-4/ R7) 3.4 / 4.0
GROSS BUILDABLE SQ. FT. (AS OF RIGHT)
589,788 approx.
FAR (COMMUNITY BONUS) 6.5
GROSS BUILDABLE SQ. FT. (MAX)
898,287 approx.
BUILDING INFORMATIONZONING & LOT INFORMATION
3+ ACRE ASSEMBLAGE OF THREE CONTIGUOUS LOTS WITH OVER 276,000 BUILDABLE SQUARE FEET AS OF RIGHT
NEARLY 100,000 SQUARE FEET OF EXISTING INDUSTRIAL & OFFICE SPACE
GREAT POTENTIAL FOR OWNER/USER
INQUIRE WITHIN FORADDITIONAL INFORMATION
BLOCK / LOTS 1833 / 215 425 230
BUILDING SQ. FT. 93,065 0 0 approx.
GROSS BUILDING SQ. FT. 93,065 approx.
OFFICE SQ. FT. 16,350 approx.
WAREHOUSE SQ. FT. 76,715 approx.
STORIES 2
BUILDINGS ON LOT 2
TAX ASSESSMENT (18/19) $2,968,109
REAL ESTATE TAXES (18/19) $312,067
PROPERTY INSPECTIONS ARE BY APPOINTMENT ONLY.
PLEASE CONTACT EXCLUSIVE BROKERS FOR MORE INFORMATION
UNDERLYING ZONING - C4-4 (R7)
36-01 NORTHERN BOULEVARD
TEAMPREUSS 129-02 NORTHERN BOULEVARD
Cushman & Wakefield has been retained on an exclusive basis for the sale of 129-02 Northern Boulevard in Flushing, Queens
129-02 Northern Boulevard is an assemblage of three adjacent lots equating to approximately 3.17 acres, or 138,198 square feet. The property is currently improved by two buildings - approximately 76,715 square feet of warehouse space and 16,350 square feet of office space on two stories. The buildings are currently owner-occupied and partially occupied by several other tenants with short-term leases. The property is currently generating over $1.1 million in gross income. Ownership would consider a lease-back for the property - inquire within for further details.
The property is ideal for redevelopment. Under WP zoning, the site allows for up to approximately 276,396 buildable square feet as of right for commercial / residential development. The underlying zoning of C4-4 (R7) allows for up to 4.0 FAR which, if in effect, would allow upwards of 589,799 buildable square feet, as of right. The property has a past environmental study which came back with a clean result.
129-02 Northern Boulevard is in a convenient location with easy access from Northern Boulevard, the Van Wyck Expressway and the Whitestone Expressway. LaGuardia airport is conveniently located less than ten minutes away, west of the property.
Additionally, the 7 subway train is located in walking distance at Citi Field, and the LIRR Mets-Willets Point is located just south of the subway train. Downtown Flushing is a short drive or one subway stop away, located just east of the property. Downtown Flushing is home to a mecca of real estate development including Sky View, Flushing Commons, and One Fulton Square. The NYC Willets Point Development designated Phase I area encompassing from Roosevelt Avenue through 35th Avenue and Northern Boulevard. It will feature a large mixed-use development mix of hotel, residential, and commercial.
Property inspections are by appointment only, please inquire within.
PROPERTY DESCRIPTION
LIRR-OWNED
WIL
LETS
PT
BLV
D
215
230
425
VA
N W
YC
K E
XP
WY
NORTHERN BLVD
GR
AN
D C
EN
TR
AL
P
AR
KW
AY
NOR TH E R N BOULE VAR D
N O R T H E R N B O U LE VA R D
WHITESTONE EXPWY
GRAND CENTRAL PARKWAY
12
6T
H S
TR
EE
T
11
4T
H S
TR
EE
T
C I T IF I E L D
S TA D I U M
R O O S E V E LT AV E .
SHEA R
OAD
7
L I R R M E T S - W I L L E T S P O I N T
S TAT I O N
F LUS H I N G BAY
F LUS H I N G R IVER
M T A P A R C E L
M T AC O R O N A R A I L Y A R D
B U S LOT
E X I S T I N GC I T I F I E L D PARKING
VA
N W
YC
K E
XP
WY
E X I S T I N GC I T I F I E L D P A R K I N G
E X I S T I N G
C I T I F I E L D PA R K I N G
E X I S T I N G
C I T IF I E L D PA R K I N G
12
6T
H P
L
12
7T
H S
T
12
7T
H
PL
35TH AVENUE
36TH AVENUE
37TH AVENUE
38TH AVENUE
39TH AVE
WILLE
TS POIN
T BL
VD
34TH AVENUE
2.28.13
Existing Site PlanFigure 2WILLETS POINT Development
N
LGA AIRPORT
DO
WN
TOW
N F
LUSH
ING
PROPERTY TAX MAP
FUTURE WILLETS POINT-NYC DEVELOPMENT PROJECT
36-01 NORTHERN BOULEVARD
TEAMPREUSS 129-02 NORTHERN BOULEVARD
PROPERTY SURVEY
678
495
LIRR
FLUSHING-MAIN ST
STATION
LIRR
METS-WILLETS POINT
STATION
7
7
A T S K Y V I E W P A R C
T H E G R A N D
5
8
6
UN
ION
ST
MA
IN ST
CO
LLEG
E P
OIN
T B
LVD
VAN
WY
CK
EXPW
Y
GR
AN
D C
ENTR
AL PK
WY
NORTHERN BLVD
KISSENA BLVD
ROOSEVELT AVE
FRANKLIN A
VE
SANFORD AVE
LONG ISLAND EXPWY
39TH AVE
PAR
SON
S BLV
D
FLUSHING
MEADOWS
PARK
KISSENA
CORRIDOR PARK
LONG ISLAND SOUND
THROGS NECKBRIDGE
WHITESTONEBRIDGE
MIDTOWN TUNNEL
LAGUARDIAAIRPORT
JFKAIRPORT
MANHATTAN
MANHATTAN
LONG ISLAND
ROBERT F. KENNEDY (TRIBOROUGH) BRIDGE
PR
INC
E S
T
WHIT
ESTONE EXPW
Y
NORTHERN BLV
D
N
36-01 NORTHERN BOULEVARD
TEAMPREUSS 129-02 NORTHERN BOULEVARD
129-02 NORTHERN BOULEVARD
SKY VIEW PARC & THE GRAND AT SKYVIEW 14-Acre, 3.3M+ square foot development with a mix of retail and luxury condominiums.
WILLETS POINT DEVELOPMENT NYC’s mega devel-opment project expected to bring a mix of shopping, community, and residential space.
ONE FULTON SQUARE 330,000 square foot mixed-use development. Office condominiums, luxury residential condominiums, Hyatt Place Hotel, indoor pool.
36-18 MAIN STREET 12-story hotel-medical-retail building. Hotel Indigo will be on the fifth-eleventh floors.
RKO THEATER Mega mixed-use project with plans for 389,746 square feet or residential, community facility, and retail.
TWO FULTON SQUARE 13 stories, 190 aparments and retail. Spanning over 200,000 square feet.
FLUSHING COMMONS Multiple phase project bringing over 650,000 square feet of retail, residential, and community space.
ASSI PLAZA Future development site of over 632,000 square feet for mixed-use development.
ONE FLUSHING 231 afforadable apartment units, fully-amenitized building
DEVELOPMENT MAP
VICTORIA TOWERS 21-story residential condominium, approx. 150,000 square feet with luxury amenities.
TANGRAM 1.2 million square foot mixed-use development project, first phase of residential nearly sold out.
FOR FURTHER INFORMATION, PLEASE CONTACT EXCLUSIVE AGENTS:
129-02 NORTHERN BOULEVARD, FLUSHING
TEAMPREUSS
STEPHEN R. PREUSSSenior Managing Director
(718) 512 2118
KEVIN LOUIEAssociate Director
(718) 512 2627
KEVIN SCHMITZAssociate Director
(718) 512 2628
ANDREAS EFTHYMIOUAssociate Director
(718) 512 2621
DENISE PREVETEDirector
(718) 512 2605
118-35 QUEENS BOULEVARD, 14TH FLOOR, FOREST HILLS, NY 11375 WWW.CUSHMANWAKEFIELD.COMCushman & Wakefield Copyright 2018. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing condi-tions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
