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    OFF-MARKET
    Land

    211-12 Northern Blvd, Queens, NY 11361

    Property ID
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Land
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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