Assignments

Woodside High-Density Development Site

44-07 69th St, Woodside, NY 11377

44-07 69th St, Woodside, NY 11377

under contract

Asking
Sale Price
$
2,950,000

Property Details

Status
For Sale
Property Type
Residential Development Site
Price Summary
$
2,950,000
Sale Price
$
Buildable SF
24,672
Building SF
24,672
LOT SF
24,672
Cap RATE
%
Zoning
R7X, C2-3

Highlights

  • 35’ x 113’ Lot Zoned R7X, C2-3.
  • 20,560 BSF (Market), 24,672 BSF (UAP)
  • Located .4 Miles From Subway, and Adjacent to Queens Boulevard.
  • Strong Rental and Condo Demand Area
  • Can build 30 Units + Retail.
  • Greater Transit Zone - Parking is waived.

Property DEscription

This prime development site at 44-07 69th St, Woodside, NY 11377 offers a 4,112 sq. ft. lot, measuring 35 ft x 113 ft IRR, zoned R7X/R5, C2-3. It permits the construction of a 20,560 sqft. (24,672 sqft. with Universal Affordability Preference) residential or mixed-use building. Currently, a 3,500 sq. ft. residential/commercial building occupies the site, providing immediate income potential. The property is strategically located next to the bustling commercial thoroughfare of Queens Blvd and is just 0.4 miles from the 69th Street (7 train) subway stop. Woodside's real estate market is stable, with a strong demand for residential properties, making this an attractive investment opportunity.

Map

Christopher Daniels
Senior Associate
(917) 238-9119
CDaniels@landairnyc.com
Dean Abouelhassan
Senior Associate
(516) 532-5385
da@landairnyc.com
Anand Melwani
Partner
(516) 658-1222
am@landairnyc.com
Alexandre Goulet
Partner
(646) 559-4700
ag@landairnyc.com

Documents

Offering Memorandum
Data Room

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