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    211-12 Northern Blvd Queens, NY 11361

    For Sale
    $3,400,000

    Queens, NY: 10,000 SF Buildable Lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 10,000 square foot development site, located at 211-12 Northern Boulevard in Queens, New York, presents a unique opportunity for investors and developers. Currently zoned for both residential and commercial use, this property offers significant potential for a variety of projects. The existing two-story commercial building, totaling approximately 5,544 square feet, is vacant and subject to a vacate order, requiring demolition. This provides a clean slate for new construction, maximizing the buildable area. The site boasts a prime location on a major thoroughfare, Northern Boulevard, experiencing high vehicular traffic exceeding 34,000 cars daily (AADT). This ensures excellent visibility and accessibility for any future development. Furthermore, the property enjoys convenient access to public transportation, including a 9-minute walk to the LIRR Bayside Station and proximity to numerous bus routes (Q12, Q13, Q27, Q31, QM3, N20G). Easy access to major highways—Clearview Expressway, Cross Island Parkway, Long Island Expressway, and Grand Central Parkway—adds to its strategic appeal. The asking price for this remarkable development opportunity is $3,400,000. The property is located in Queens County, NY, zip code 11361.

    Property Features for 211-12 Northern Blvd

    General Information

    Property type
    Land

    HighLights

    • 10,000 SF buildable lot, suitable for commercial or residential development.
    • High‑traffic location with over 34,000 AADT.
    • Excellent transit access: 9‑minute walk to LIRR, plus multiple bus lines and major highways.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing 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
    -73.77128371
    Latitude
    40.75978216

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    FAQs

    What type of property is this?
    Land - Queens, NY: 10,000 SF Buildable Lot
    Where is this land located?
    The property is located at 211-12 Northern Blvd Queens, NY.
    What is the asking price?
    The asking price for this property is $3,400,000.
    What are key features of this property?
    This property features: 10,000 SF buildable lot, suitable for commercial or residential development.; High-traffic location with over 34,000 AADT.; Excellent transit access: 9-minute walk to LIRR, plus multiple bus lines and major highways.
    (718) 663-2653
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    211-12 Northern Blvd Queens, NY 11361
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    Queens, NY 11361
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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
    211-12 Northern Blvd Queens, NY 11361
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