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Property profile & analytics
OFF-MARKET
Land

139-43 Queens Blvd Queens, NY 11435

Property ID
Property summary
AI-generated overview

This exceptional 6,000 square foot commercial land parcel presents a remarkable development opportunity, ideally situated on Queens Boulevard in the vibrant Briarwood neighborhood of Queens, New York (zip code 11435). The property boasts a generous 200 feet by 30 feet lot size, offering significant potential for a variety of commercial projects. Its strategic location on Queens Boulevard ensures high visibility and accessibility, with convenient proximity to public transportation. Specifically, the site is within walking distance of the Q60 bus route and the Sutphin Boulevard E and F train station, providing easy commutes for potential tenants and employees. Furthermore, the property benefits from its close proximity to a range of amenities, including shops, Hillside Avenue, the Van Wyck Expressway, and Jamaica Hospital. The C4-3A zoning designation allows for a substantial buildable area. The zoning permits a Residential Floor Area Ratio (FAR) of 3, a Commercial FAR of 3, and a Facility FAR of 3, resulting in a total buildable square footage of 18,000. This translates to a significant opportunity for developers seeking to maximize their investment in a high-demand location. This prime location and zoning flexibility make this property an exceptional investment for discerning developers. The asking price for this remarkable development opportunity is $3,399,000.

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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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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