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Large Site with Redevelopment Potential
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249-32 Horace Harding Expy, Long Island City, NY

Large site in Queens with income and development potential.

Property Size114,547 SF
Lot Size2.52 Acres
Days on Market244

Property Features for 249-32 Horace Harding Expy

General Information

Standard status Active
Size 114,547 SF
Lot size 2.52 Acres
Property subtype RETAIL
Listing Agency: BKREA
Listed By: Bob Knakal · License #10301211305
Source: Moodyscre
Added: Nov 28, 2025 Changed: Jul 6 Last Checked: Jul 21 at 4:20AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BKREA

Investment Insights

Based on property information with market context.

This property offers a dual advantage of in-place income and long-term development potential. The site features highly flexible zoning and site configuration, supporting a range of redevelopment strategies. Located at a key intersection connecting Queens and Long Island, the property benefits from strong traffic and visibility. It represents a rare large-scale site in a mature neighborhood with limited future development supply. The property is attractive to both investors seeking immediate returns and developers targeting value creation through redevelopment. The property size is 114547 square feet.

Key Highlights

  • Dual advantage of in‑place income and long‑term development potential.
  • Rare large‑scale site in a mature neighborhood with limited future development supply.
  • Highly flexible zoning and site configuration supporting a range of redevelopment strategies.

Property Analytics

Current Use

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Dental Office Auto Parts Store Law Firm Real Estate Agency Accounting Firm Pharmacy

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

5,658
Businesses Nearby
102k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 44% Dining 24% Shops & Services 24% Home Improvements & Furnishings 5%
Key Food Groceries
45,409 visits/mo 0.3 miles
BP Shops & Services
9,895 visits/mo 0.1 miles
Dunkin' Donuts Dining
7,858 visits/mo 0.2 miles
Dunkin' Donuts Dining
6,235 visits/mo 0.3 miles
Bareburger Dining
4,820 visits/mo 0.3 miles

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Shopping center - Large site in Queens with income and development potential.
Where is this shopping center located?
The property is located at 249-32 Horace Harding Expy Long Island City, NY.
What are key features of this property?
This property features: Dual advantage of in‑place income and long‑term development potential.; Rare large‑scale site in a mature neighborhood with limited future development supply.; Highly flexible zoning and site configuration supporting a range of redevelopment strategies.
(917) 509-9501 Call to check price and availability
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