Property summary
This exceptional mixed-use commercial property, located at 44-07 69th Street in Woodside, New York, 11377, presents a compelling investment opportunity. The property boasts a 4,112 square foot lot, measuring 35 feet by 113 feet, and is zoned R7X/R5, C2-3. This zoning allows for the construction of a substantial 15,420 square foot residential or mixed-use building, expandable to 20,560 square feet with the inclusion of inclusionary housing. Currently, a 3,500 square foot residential/commercial building occupies the site, generating immediate income. The property benefits from its strategic location adjacent to the vibrant commercial corridor of Queens Boulevard and its proximity to public transportation – just 0.4 miles from the 69th Street (7 train) subway station. Woodside's real estate market exhibits stability and strong residential demand, making this a highly attractive investment. The asking price for this prime property is $2,995,000. Significant air rights further enhance the development potential of this exceptional offering. This property is ideal for investors seeking a blend of immediate income and substantial long-term growth potential in a thriving New York City neighborhood.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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