FOR SALE 215-16 Northern Boulevard Bayside, NY 11361

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Asking Price 30K+ BSF CORNER DEVELOPMENT SITE $10,000,000 LOCATED OFF NORTHERN-BELL BOULEVARD INTERSECTION PROPERTY HIGHLIGHTS

RARE PRELIMINARY OPPORTUNITY FOR PLANS TREMENDOUS DEVELOPMENT Five-story Mixed-use Building EXPOSURE Corner 100’ x 100’ Lot on with 30,897 Buildable Sq. Ft. 200 feet of Wraparound Northern Blvd just off Bell Blvd frontage on Northern Boulevard & 215th Place

SURROUNDED BY HIGH-TRAFFIC CONVENIENT NATIONAL CREDIT LOCATION LOCATION TENANCY 30,000+ Average Daily Traffic Located 0.5 miles from Including Starbucks, T-Mobile, Clearview Expressway and Capital One, TD Bank, and Cross Island Parkway, and Dunkin Donuts within walking distance to the Bayside-LIRR

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215-16 Northern Boulevard Bayside, NY 11361 PROPERTY FEATURES

PROPERTY INFORMATION ZONING INFORMATION FINANCIAL INFORMATION ADDRESS ZONING AVAILABLE AIR RIGHTS TOTAL ASSESSMENT (20/21) 215-16 NORTHERN BLVD, BAYSIDE R6B, C2-2 (AS-OF-RIGHT) $421,974 20,150 SF APPROX. BLOCK / LOT FAR (AS-OF-RIGHT) TAX RATE 7334 / 70 2.00 ADDITIONAL AIR RIGHTS INCLUDED 10.6940% (FROM 215-10 NORTHERN BLVD) BUILDABLE SQ. FT. LOT DIMENSION 10,747 SF APPROX. ANNUAL PROPERTY TAX (20/21) 100.76’ x 100’ APPROX. (AS-OF-RIGHT) $45,126 20,150 SF APPROX. TOTAL BUILDABLE SQ. FT. LOT SQ. FT. 30,897 SF APPROX. TAX CLASS 10,075 APPROX. COMMERCIAL FAR 4 2.00

PROPERTY SUMMARY

Cushman & Wakefield has been exclusively retained on the disposition Preliminary plans were submitted to the New York City Department of 215-16 Northern Boulevard in Bayside, Queens. The property is a of Buildings for a five-story mixed-use building. There will be lower rare 100’ x 100’ corner development site with preliminary plans for level parking for 50 cars, ground floor retail space, and 34 apartments a five-story mixed-use building totaling 30,897 buildable square on the upper floors. The unit mix consists of four (4) studios, twenty- feet, inclusive of air rights from the neighboring property at 215-10 three (23) one-bedroom, and seven (7) two-bedroom units. Northern Boulevard. Bayside is one of the most sought-after neighborhoods for both 215-16 Northern Boulevard is conveniently located just off Bell commercial and residential tenants. 215-16 Northern Boulevard is Boulevard, and less than half a mile from the Clearview Expressway surrounded by national credit tenants including Starbucks, T-Mobile, and Cross Island Parkway. Additionally, it is only a ten-minute walk Capital One Bank, TD Bank, Dunkin Donuts, White Castle, and CVS. from the Bayside-LIRR station and steps from numerous bus lines. Additional due diligence information is available with a signed This location allows for the benefits of high visibility and exposure confidentiality agreement. Inquire within. with over 30,000 average daily traffic along Northern Blvd and 200 feet of wraparound frontage.

215-16 Northern Boulevard Bayside, NY 11361 PROPERTY SURVEY

215-16 Northern Boulevard Bayside, NY 11361 PROPERTY PHOTOGRAPHY

215-16 Northern Boulevard Bayside, NY 11361 Stephen R. Preuss Kevin Louie Charlie Dupont Vice Chairman Director Associate +1 718 512 2118 +1 718 512 2627 +1 718 512 2602 [email protected] [email protected] [email protected]

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