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EXECUTIVE SUMMARY
For Sale is 71-53 Austin Street, a prime development site located within the premier retail corridor of Austin Street in Forest Hills, Queens. The 5,001 square foot lot (approx.) has approved plans for a seven-story, 22-unit Mixed-Use project that would consist of 6,032 square feet of ground-floor retail space, followed by 21 residential units across the second through seventh floors. The approved project would encompass 27,878 square feet in total. Plans can be shared upon request. Please reach out for further details.
PROPERTY FACTS
| Price | $9,499,000 | Building Class | B |
| Sale Type | Investment or Owner User | Lot Size | 0.12 AC |
| Sale Condition | Redevelopment Project | Construction Status | Proposed |
| Property Type | Multifamily | Building Size | 27,878 SF |
| Property Subtype | Apartment | No. Stories | 7 |
| Apartment Style | Mid-Rise | Year Built | 2027 |
| Zoning | C4-2 - Regional commercial center located outside of the central business districts | ||
| Price | $9,499,000 |
| Sale Type | Investment or Owner User |
| Sale Condition | Redevelopment Project |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.12 AC |
| Construction Status | Proposed |
| Building Size | 27,878 SF |
| No. Stories | 7 |
| Year Built | 2027 |
| Zoning | C4-2 - Regional commercial center located outside of the central business districts |
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Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (100)
PROPERTY TAXES
| Parcel Number | 03257-0027 | Improvements Assessment | $0 |
| Land Assessment | $320,400 | Total Assessment | $320,400 |
PROPERTY TAXES
Parcel Number
03257-0027
Land Assessment
$320,400
Improvements Assessment
$0
Total Assessment
$320,400
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71-53 Austin St
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