Property profile

211-12 Northern Blvd Queens, NY 11361

OFF-MARKET
Land
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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

Location

211-12 Northern Blvd Queens, NY 11361
Queens metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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