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35th Ave 0.55 Acres of Industrial Land Offered at $55,000,000 in College Point, NY 11356

INVESTMENT HIGHLIGHTS
- tall warehouse with ltruck loading.
- potential for conversion or residential development
EXECUTIVE SUMMARY
Call for pricing
Currently a 28000 sq ft building plus parking ideal for medical, community use., warehouse and distribution...and possible future conversion or residential development.
Currently a 28000 sq ft building plus parking ideal for medical, community use., warehouse and distribution...and possible future conversion or residential development.
TAXES & OPERATING EXPENSES (ACTUAL - 2018) |
ANNUAL | ANNUAL PER AC |
|---|---|---|
| Taxes |
$50,000
|
$54,448.44
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$50,000
|
$54,448.44
|
TAXES & OPERATING EXPENSES (ACTUAL - 2018)
| Taxes | |
|---|---|
| Annual | $50,000 |
| Annual Per AC | $54,448.44 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $50,000 |
| Annual Per AC | $54,448.44 |
PROPERTY FACTS
| Price | $55,000,000 | Proposed Use | |
| Sale Type | Owner User | Total Lot Size | 0.92 AC |
| No. Lots | 1 | Cross Streets | 123rd st |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Industrial | ||
| Zoning | m1-1 | ||
| Price | $55,000,000 |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Proposed Use | |
| Total Lot Size | 0.92 AC |
| Cross Streets | 123rd st |
| Opportunity Zone |
Yes |
| Zoning | m1-1 |
1 LOT AVAILABLE
Lot
| Price | $55,000,000 | Lot Size | 0.55 AC |
| Price Per AC | $99,825,033.94 |
| Price | $55,000,000 |
| Price Per AC | $99,825,033.94 |
| Lot Size | 0.55 AC |
potential for future development site .Surrounding area is undergoing a development boom.. currently a 28000 sq ft building . loading docks plus parking
DESCRIPTION
currently a warehouse with parking in a developing area... conversion for medical use or residential development.
1 1
Walk Score®
Walker's Paradise (95)
Transit Score®
Rider's Paradise (100)
PROPERTY TAXES
| Parcel Number | 04942-0001 | Total Assessment | $631,490 (2025) |
| Land Assessment | $451,800 (2025) | Annual Taxes | $50,000 |
| Improvements Assessment | $179,690 (2025) | Tax Year | 2018 |
PROPERTY TAXES
Parcel Number
04942-0001
Land Assessment
$451,800 (2025)
Improvements Assessment
$179,690 (2025)
Total Assessment
$631,490 (2025)
Annual Taxes
$50,000
Tax Year
2018
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Presented by
Jakoby Realty
35th Ave
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