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102-113 Farmers Blvd Queens, NY 11423

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Land in St. Albans, near JFK, great investment potential.

Type:Land, Mixed Use, Multifamily, Office, Retail
Property size:
9,700 SF
Added:
Jun 5, 2024
Days on Market:
683
Last Refresh:
Mar 17 at 1:25 pm

Property Features for 102-113 Farmers Blvd

General Information

Standard status
Active
Size
9,700 SF
Property subtype
Land, Mixed Use, Multifamily, Office, Retail

Building Details

Year Built
1938

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Listing Contact
Diamond Pillar

Listing agent Diamond Pillar License #10401360407

Listing office Diamond Pillar

Listing date Jun 5, 2024

Source Crexi

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 Diamond Pillar


Overview

Land Investment Opportunity in St. Albans

St. Albans is an emerging neighborhood for real estate investment, presenting opportunities for returns. The NYC and Queens rental market shows demand for rentals, suggesting income potential for investors. The PPSF in St. Albans is slightly lower than the Queens average. The Jamaica NOW Action Plan, a $153 million initiative, aims to revitalize the area with infrastructure improvements, economic development, and community services. St. Albans is experiencing new development, which typically leads to increased property values. Located 2 miles from JFK International Airport, St. Albans is accessible for travelers and airport employees. The neighborhood is served by the Long Island Rail Road (LIRR), providing access to Manhattan (25 minutes to Penn Station) and other parts of NYC. The ongoing development and the neighborhood’s location near JFK and transportation options, position St. Albans for appreciation in property value. This property offers an opportunity for real estate investment due to its affordability, rental market, location, and potential for growth. The property size is 9700 square feet.
Location Intelligence

Current Use by Public Records

Commercial land

Map

City
Queens
County
Queens
State
New York
Longitude
-73.7686
Latitude
40.7171

FAQs

What type of property is this?
Commercial land - Land in St. Albans, near JFK, great investment potential.
Where is this commercial land located?
The property is located at 102-113 Farmers Blvd Queens, NY.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Strong Rental Market: High demand ensures healthy income potential.; Lower Price Per Square Foot: More affordable properties compared to the Queens average.; Strategic Location: Conveniently located just 2 miles from JFK International Airport.
More about this property
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