15-09 127 St Queens, NY 11356
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.
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.
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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.