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Mixed-Use Development Site
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Pending

49-08 Queens Blvd, Queens, NY 11377

C4-4A-zoned property with existing residential and retail occupancy near subway service.

Property SizeContact for details
Days on Market142

Property Features for 49-08 Queens Blvd

General Information

Standard status Pending
Property subtype Land
Listing Agency: Landair Advisors
Listed By: Alexandre Goulet · License #NY1324
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 4:27AM

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 Landair Advisors

Investment Insights

Based on property information with market context.

The property at 49-08 Queens Blvd comprises a 4,000-square-foot development site improved with two buildings containing two apartments and two stores. C4-4A zoning supports a Floor Area Ratio of 3.45 or 4.6, corresponding to 13,810 square feet of buildable area or 18,413 square feet with the Voluntary Inclusionary Bonus.

Located 0.1 miles from the 46th Street subway stop, the site offers transit access to Manhattan and sits in Sunnyside near the Long Island City border. The double-wide lot configuration provides a substantial development footprint. The 485-x tax abatement under the Affordable Neighborhoods for New Yorkers program is applicable to developers focused on rental housing.

Key Highlights

  • 4,000 Sq. Ft. lot at 49‑08 Queens Blvd
  • C4‑4A zoning with 3.45 or 4.6 FAR
  • 13,810 Sq. Ft. buildable area; 18,413 Sq. Ft. with Voluntary Inclusionary Bonus

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Dental Office Auto Parts Store Garden Center

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

5,632
Businesses Nearby

Demographics for 11377, NY

91,512
Population
34,928
Households
2.6
Avg Household Size
39
Median Age
33%
College-Educated
82%
High-School Grad
2.5 sq mi
ZIP Area
36,605
Density / Sq Mi
$73,292
Median Household Income
$45,978
Median Earnings
$1,802
Median Rent
$670,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - C4-4A-zoned property with existing residential and retail occupancy near subway service.
Where is this mixed-use property located?
The property is located at 49-08 Queens Blvd Queens, NY.
What are key features of this property?
This property features: 4,000 Sq. Ft. lot at 49‑08 Queens Blvd; C4‑4A zoning with 3.45 or 4.6 FAR; 13,810 Sq. Ft. buildable area; 18,413 Sq. Ft. with Voluntary Inclusionary Bonus
More about this property
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