135-35 Northern Blvd, Queens, NY 11354
This exceptional 41,509 square foot commercial land parcel, located at 135-35 Northern Boulevard in Flushing, Queens, presents a unique development opportunity. Situated at the intersection of Northern Boulevard and Main Street, the property boasts nearly 160 feet of highly visible frontage along a corridor with substantial foot traffic, ideal for multi-level street retail. The C2-2 / R6 zoning permits a wide range of commercial uses. Future development plans include a 16-story, 190-foot tall structure offering sweeping 360-degree views, a significant advantage in the Flushing skyline. A key feature is the planned inclusion of a 305-space valet-serviced garage with convenient curb cuts on Northern Boulevard and Farrington Street, ensuring efficient parking access. Importantly, the project incorporates preservation elements, maintaining the ticket booth lobby and grand foyer in accordance with Landmarks Preservation Commission approvals. This property offers a rare blend of prime location, substantial size, and significant development potential in a thriving Queens neighborhood.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.