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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

34-40 Laurel Hl Blvd Queens, NY 11378

61,000 SF
Property ID
Property summary
AI-generated overview

This exceptional Queens property offers 30,700 square feet of vacant land with approved plans for a substantial 61,000-square-foot, six-story building. The M3-1 zoning allows for a variety of uses, making it ideal for businesses such as towing, trucking, construction, or even a production studio. The expansive lot is situated on a wide street, ensuring excellent accessibility for large vehicles and equipment. Approved plans streamline the development process, presenting a significant opportunity for investors and developers seeking a prime location in a thriving area of Queens, New York. The property's size and zoning flexibility offer considerable potential for high returns. This is a rare chance to acquire a large, ready-to-develop site in a desirable location with approved plans already in place, minimizing pre-construction hurdles and maximizing potential for a swift and profitable project. The address is 34-40 Laurel Hill Boulevard, Queens, NY 11378. This property is zoned M3-1.

Property profile
Verified
Property type Retail properties & Spaces
Total area 61,000 SF
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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