Log In/Sign Up
Your email has been sent.
8718 Queens Blvd
Elmhurst, NY 11373
Retail Property For Sale
EXECUTIVE SUMMARY
The CORNER BUILDING & PARKING LOT offering consists of two adjacent lots & commercial buildings combined at approx. 6100 SF development Lot , located on Corner of Queens Boulevard and 55 Street in Elmhurst Queens.
This is a highly valuable corner lot buildings that presents great opportunities from its key location and visible frontage surrounding restaurants, banks, supermarkets, and Queens Mall Center with all Macy's & majors departments store.
Situated in an R6, C1-3 zoning district, with max development potential of approx. 29280 sf, a rarely available corner lot for new development.
Combined Lots Description Vacant
Block/Lot
Lot Dimensions (approx.)
Lot Area (approx.) 6100SF
Zoning R6 / C1-3
FAR - Residential 2.43
FAR - Facility Community 4.8
Max BSF(approx.) 29280 SF
Real Estate Taxes $76,325.00
Total 3 commercial Tenants, 2 are month to month lease & one the lease will expire in 2 years.
This is a highly valuable corner lot buildings that presents great opportunities from its key location and visible frontage surrounding restaurants, banks, supermarkets, and Queens Mall Center with all Macy's & majors departments store.
Situated in an R6, C1-3 zoning district, with max development potential of approx. 29280 sf, a rarely available corner lot for new development.
Combined Lots Description Vacant
Block/Lot
Lot Dimensions (approx.)
Lot Area (approx.) 6100SF
Zoning R6 / C1-3
FAR - Residential 2.43
FAR - Facility Community 4.8
Max BSF(approx.) 29280 SF
Real Estate Taxes $76,325.00
Total 3 commercial Tenants, 2 are month to month lease & one the lease will expire in 2 years.
PROPERTY FACTS
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,372 SF
Building Class
C
Year Built
1931
Price
$7,280,000
Price Per SF
$2,158.96
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
10’
Building FAR
0.55
Lot Size
0.14 AC
Zoning
R6 - Medium density residential district
Parking
2 Spaces (0.59 Spaces per 1,000 SF Leased)
Frontage
66’ on Queens Blvd
AMENITIES
- Bus Line
- Commuter Rail
- Metro/Subway
- Signage
PROPERTY TAXES
| Parcel Number | 02853-0011 | Improvements Assessment | $464,860 |
| Land Assessment | $244,350 | Total Assessment | $709,210 |
PROPERTY TAXES
Parcel Number
02853-0011
Land Assessment
$244,350
Improvements Assessment
$464,860
Total Assessment
$709,210
1 of 5
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
