150-02 Northern Boulevard
Flushing, NY 11354
$9,500,000
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- Click here to see video drone tour OM for 150-02 Northern Boulevard
- Development Site Advisors® has been exclusively retained by ownership to offer qualified developers an exciting opportunity to develop a new mixed-use building at the corner of Northern Boulevard and 150th Street. Located in the bustling and dynamic Koreatown section of Flushing, Queens, this area has been experiencing a building boom with numerous residential and commercial developments taking place.
- This ±11,728 sf site has 80’ frontage on Northern Blvd and benefits from great visibility of the main thoroughfare and the high concentration of Asian businesses and restaurants along Northern Boulevard. It should achieve a premium price for commercial development, which is ±23,086 ZFA. The Residential ZFA is ± 34,762 sf.
- The subject property is zoned R6A with a C2-2 commercial overlay, which typically produces a six to seven story mixed-use building with a retail base and residential units on the floors above. 150-02 Northern Blvd is currently owner occupied by a car wash, which will be delivered vacant at closing and is primed for development. The site is available for sale or long-term ground lease.
Location Description
Located at the corner of Northern Boulevard and 150th Street
Borough/Block/Lot
Queens / 5032 / 18
Neighborhood
Flushing
Lot Size
11,728 SF
Existing SF
7,828 SF
Building Class
GW
Assessed Value
$10,800,000
R.E. Taxes
$92,098
Subway Access
7
Bus Lines
Community District
7
Zoning District
R6-A
Residential FAR | ZFA
3.00/0.75 | 34,762 SF
Commercial FAR | ZFA
2.00 | 23,086 SF
Facility FAR | ZFA
3.00/2.00 | 34,762 SF
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