34-40 Laurel Hl Blvd Queens, NY 11378
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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.