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    148-04/08 35Th Ave Queens, NY 11354

    New
    For Sale
    $6,800,000

    Townhouse, Vacant Land - Queens, NY

    Property size:
    14,956 SF
    Days on Market:
    2
    Last Refresh:
    Dec 5 at 7:06 am

    Property Features for 148-04/08 35Th Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Parking features
    Garage
    Exterior features
    Balcony
    Size
    14,956 SF

    Building Details

    Architectural style
    Other

    Compass

    Listing agent Steve Zhu

    Listing date Dec 4, 2025

    MLS# 11591105 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Queens Multifamily Development Opportunity

    This offering comprises a package of three adjacent multifamily properties, presenting a development opportunity. The properties are currently vacant, with no existing leases. The proposed development site features a lot area of 6,430 square feet and a buildable area of 30,864 square feet. The location is within an R7-1 zoning district, which allows for a Floor Area Ratio (FAR) of 4.8. The properties are located in Queens, New York.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Queens
    County
    Queens
    State
    New York
    Longitude
    -73.81811
    Latitude
    40.766322

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    FAQs

    What type of property is this?
    Land - Three adjacent properties with development potential in Queens, New York.
    Where is this land located?
    The property is located at 148-04/08 35Th Ave Queens, NY.
    What is the asking price?
    The asking price for this property is $6,800,000.
    What are key features of this property?
    This property features: - Package of three adjacent multifamily properties.; - Development potential with a buildable area of 30,864 SF.; - Located in an R7-1 zoning district with a Floor Area Ratio (FAR) of 4.8.
    (212) 913-9058
    Request Owner's contact information
    148-04/08 35Th Ave Queens, NY 11354
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    Queens, NY 11354
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    148-04/08 35Th Ave Queens, NY 11354
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