Property profile

44-07 69 St Queens, NY 11377

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 4,112 sq ft commercial, industrial, and residential development site in Woodside, Queens, NY is offered at $3,500,000. The property, located at 44-07 69th Street, boasts R7X, C2-3 zoning, allowing for the construction of a substantial mixed-use building. As-of-right development potential is 19,490 square feet, offering significant upside. Currently, a 3,500 sq ft building generates annual income, providing immediate return on investment. The 35 ft x 113 ft lot enjoys a prime location near the bustling Queens Boulevard and is conveniently situated just 0.4 miles from the 7 train at the 69th Street station, providing easy access to Manhattan (approximately 30 minutes away). Woodside's robust real estate market, characterized by strong demand for residential properties, makes this a compelling investment opportunity. The property can be delivered vacant, offering flexibility for future development plans. This is a rare chance to acquire a well-positioned development site with immediate income potential and significant long-term growth prospects in a thriving Queens neighborhood.

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

Location

44-07 69 St Queens, NY 11377
Queens metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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