136-25 41St Ave Queens, NY 11355
- Land
Current Use by Public Records
- Land
Property Details for 136-25 41St Ave
- Property type
- Land
Description
This exceptional 4,779 sq ft commercial and residential land parcel, located at 136-25 41st Avenue in Queens, New York (zip code 11355), presents a unique investment opportunity. Zoned C4-3, the property boasts approved plans and a partially completed foundation for a mixed-use development. The project envisions a dynamic blend of commercial, hotel, and residential spaces. Specifically, the plans include two retail units, one community unit, thirty hotel rooms, and eight apartments. This prime Downtown Flushing location offers unparalleled access to public transportation, placing the development within easy reach of the bustling city. Situated approximately 300 feet east of the intersection of Main Street and Kissena Boulevard, the property benefits from high visibility and convenient access to major thoroughfares. The existing foundation is approximately 70% complete, representing significant cost savings for the future developer. The asking price for this exceptional development opportunity is $8,000,000. This is a rare chance to acquire a property with approved plans and a head start on construction in a highly desirable and rapidly growing area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Queens
- County
- Queens
- State
- New York
- Longitude
- -73.8287
- Latitude
- 40.7589
