Listing Agency: RIPCO Real Estate s**@ripcony.com Show Phone

Listed By: Stephen R. Preuss · License #NY

Source: Crexi

Added: Jul 21 Changed: Aug 30 Last Checked: Aug 30 at 8:12AM

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Investment Insights

Based on property information with market context.

This approximately half-acre commercial land parcel occupies a corner location and includes an existing building of approximately 7,080 square feet. The balance of the site is currently used for auto salvage and auto-care operations. C4-4 / WP zoning permits a range of potential uses identified in the property information, including residential multifamily, retail, hotel, community facility, sports arena, and office applications.

The property is adjacent to CitiField and the proposed NYC Willets Point Development. It is approximately 0.4 miles from the 7 subway train at Mets-Willets Pt Station and approximately one mile from LaGuardia Airport. The site is also near the Van Wyck Expressway, Grand Central Parkway, and the LIRR Mets-Willets Point Station.

Frontage measures approximately 200 feet on 127th Street and 266.47 feet on Willets Point Boulevard, providing a substantial street presence for future development or continued commercial use.

Key Highlights

• Approximately half‑acre corner parcel with development potential
• C4‑4 / WP zoning allows multifamily, retail, hotel, community facility, sports arena, and office uses
• Existing approximately 7,080‑square‑foot building on the property

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Parts Store Storage Facility Garden Center Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

7,263

Businesses Nearby

154k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Home Improvements & Furnishings 62% Electronics 24% Shops & Services 10% Dining 4%

The Home Depot Home Improvements & Furnishings

95,673 visits/mo 0.1 miles

Best Buy Electronics

37,064 visits/mo 0.2 miles

Mobil Shops & Services

15,325 visits/mo 0.4 miles

Dunkin' Donuts Dining

6,306 visits/mo 0.3 miles

Demographics for 11368, NY

117,110

Population

31,165

Households

3.8

Avg Household Size

34

Median Age

14%

College-Educated

65%

High-School Grad

2.6 sq mi

ZIP Area

45,042

Density / Sq Mi

$71,798

Median Household Income

$33,742

Median Earnings

$1,925

Median Rent

$751,700

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

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Frequently Asked Questions

What type of property is this?

Commercial land - C4-4 / WP zoning supports multifamily, retail, hotel, office, and community facility uses.

Where is this commercial land located?

The property is located at 127-11 & 127-45 Willets Point Boulevard Flushing, NY.

What are key features of this property?

This property features: Approximately half‑acre corner parcel with development potential; C4‑4 / WP zoning allows multifamily, retail, hotel, community facility, sports arena, and office uses; Existing approximately 7,080‑square‑foot building on the property