± 132,000 BSF Redevelopment Opportunity

Denham Wolf Real Estate Services, as exclusive agent, is pleased to present this combination of two highly visible, facing corner lots in Long Island City, Queens. The properties represent a significant development site in a Qualified Opportunity Zone.

The properties comprise a cleared lot and a former warehouse repurposed as a community center. Together they offer a broad range of re-use and redevelopment options in a vibrant New York neighborhood with quick access to Midtown Manhattan.

The maximum FAR for the property, as either commercial, mixed-use (including up to 98,996 SF free-market residential), or residential (with Inclusionary Housing), is 5.00, equating to a total zoning area of 131,995 SF.

HIGHLIGHTS:

  • Significant Mixed-Use Development Opportunity
  • Short Term Sale & Leaseback
  • Existing Facility
  • 7 Minutes to Manhattan
  • Transformative Local Developments
  • Rich Local Culture, Residences, & Industry
  • Opportunity Zone
  • Major Local Commercial Owners
  • Diverse Local Employers
  • Assemblage Opportunities

For additional information, contact Christopher D. Turner or Wyatt Devine, of Denham Wolf Real Estate Services.