5-12 51st Ave Queens, NY 11101

Listing agency JLL - New York City, New York Show Phone

Listed by Brendan Maddigan · License #NY 10301206472

Source Crexi

Added: Apr 11 Updated: Jul 20 at 4:16PM Checked: Jul 20 at 4:16PM

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Investment Insights

Based on property information with market context.

The Lindsay is a newly constructed 5-unit residential property being offered for sale. The building is described as being crafted to operate as a premium rental building and is also condo plan approved and accepted for a seamless conversion to condominiums. The property will be delivered vacant and includes an in-place 421a tax abatement.

The asset is located in Hunters Point, Long Island City, Queens, NY.

This is a purpose-built, small multifamily opportunity with both rental orientation and condominium conversion approval noted in the materials.

Key Highlights

• Newly constructed 5‑unit residential building at 51st Avenue (aka the Lindsay) in Hunters Point, Long Island City, Queens, NY
• Delivered vacant
• In‑place 421a tax abatement

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FAQs

What type of property is this?

Apartment building - Vacant 5-unit newly constructed residential building with an in-place 421a tax abatement.

Where is this apartment building located?

The property is located at 5-12 51st Ave Queens, NY.

What are key features of this property?

This property features: Newly constructed 5‑unit residential building at 51st Avenue (aka the Lindsay) in Hunters Point, Long Island City, Queens, NY; Delivered vacant; In‑place 421a tax abatement