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215-16 Northern Boulevard Bayside, NY 11361

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215-16 Northern Boulevard Bayside, NY 11361 FOR SALE 215-16 Northern Boulevard Bayside, NY 11361 Rendering 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 Rendering N 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] ©2021 Cushman & Wakefield. All rights reserved. The material in this presentation has been prepared solely for information purposes, and is strictly confidential. Any disclosure, use, copying or circulation of this presentation (or the information contained within it) is strictly prohibited, unless you have obtained Cushman & Wakefield’s prior written consent. The views expressed in this presentation are the views of the author and do not necessarily reflect the views of Cushman & Wakefield. Neither this presentation nor any part of it shall form the basis of, or be relied upon in connection with any offer, or act as an inducement to enter into any contract or commitment whatsoever. NO REPRESENTATION OR WARRANTY IS GIVEN, EXPRESS OR IMPLIED, AS TO THE ACCURACY OF THE INFORMATION CONTAINED WITHIN THIS PRESENTATION, AND CUSHMAN & WAKEFIELD IS UNDER NO OBLIGATION TO SUBSEQUENTLY CORRECT IT IN THE EVENT OF ERRORS..
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