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Property profile & analytics
OFF-MARKET
Land

15-09 127 St Queens, NY 11356

Property ID
Property summary
AI-generated overview

This exceptional 8,000-square-foot commercial development site in Queens, New York, presents a unique investment opportunity. Located at 15-09 127th Street, College Point, this single-ownership property boasts a prime location at a signalized intersection, providing easy access to Interstate 678 and State Route 25A. The site is zoned M1-1 and comprises four lots with pre-approved plans for a mixed-use development. These plans include four warehouses totaling 10,391 square feet on the ground floor, four offices totaling 8,755 square feet on the second floor, and 55 rear parking spaces. The property will be delivered vacant, allowing for immediate development. This is a rare chance to capitalize on the high demand in this thriving area and realize a developer's vision for a versatile and functional commercial project. The asking price is $7,000,000. The property's address is 15-09 127th Street, Queens, NY 11356. This location offers unparalleled convenience and accessibility, making it an ideal site for a variety of commercial ventures. Don't miss this opportunity to acquire a highly desirable development site in a rapidly growing market.

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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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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