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64-11 Queens Boulevard Woodside, Ny 11377

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64-11 Queens Boulevard Woodside, Ny 11377 RENDERING 64-11 QUEENS BOULEVARD WOODSIDE, NY 11377 FULLY-APPROVED & SHOVEL READY BLOCK FRONT DEVELOPMENT SITE TABLE OF CONTENTS ASKING PRICE 07 EXECUTIVE SUMMARY $21,000,000 NEIGHBORING DEVELOPMENT 08 & LOCATION MAP $177 / BUILDABLE SQ. FT. BASED ON APPROVED PLANS ZFA 10 PROPERTY PHOTOS 64-11 QUEENS BOULEVARD WOODSIDE, NY 11377 For more information please contact Stephen R. Preuss Andreas Efthymiou Rani Bendary Kevin Louie Vice Chairman Director Associate Director +1 718 512 2118 +1 718 512 2621 +1 718 512 2106 +1 718 512 2627 [email protected] [email protected] [email protected] [email protected] ASKING PRICE PPBSF $21,000,000 $177 THE TEAM PREUSS ADVANTAGE We provide a full service approach to real estate, providing a distinct specialization in the capital markets. Investment Sales • Debt • Leasing Queens | Brooklyn | Long Island Property Highlights FULLY APPROVED PLANS FOR A 13-STORY, 155,245 SQ. FT. MIXED-USE TOWER TRUE SHOVEL READY PROJECT CONSTRUCTION PERMITS IN PLACE AND ASSUMABLE FINANCING BLOCK FRONT SITE WITH OVER 400’ LINEAR FRONTAGE CONVENIENT LOCATION DIRECT PROXIMITY TO 7 SUBWAY & LIRR AT 61ST STREET - WOODSIDE AND BROOKLYN-QUEEENS EXPRESSWAY IDEAL DEVELOPMENT OPPORTUNITY ONE OF THE FASTEST EMERGING MARKETS IN NYC 5 | 64-11 QUEENS BOULEVARD ASKING PRICE PPBSF $21,000,000 $177 RENDERING Property Information ADDRESS BLOCK / LOT LOCATION 64-11 Queens Boulevard 1341 / 77 Northern block front between Woodside, NY 11377 64th Street and 65th Street ASSESSMENT (20/21) TAXES (20/21) $1,010,610 $106,488 ZONING INFORMATION ZONING LOT DIMENSIONS GROSS LOT SQ. FT. R7X, C2-3 204.47’ x 100.84’ (Approx.) 19,808 (Approx.) COMMERCIAL FAR RESIDENTIAL FAR MAX BUILDABLE SQ. FT. 2.0 6.0 with Mandatory Inclusionary 118,848 (Approx., MIH) Housing (MIH) APPROVED PLANS INFORMATION GROSS FLOOR AREA RESIDENTIAL UNITS PARKING SPACES 155,245 Sq. Ft. 148 89 ZONING FLOOR AREA 118,460.15 Sq. Ft. 64-11 QUEENS BOULEVARD | 6 64-11 QUEENS BOULEVARD Executive Summary Cushman & Wakefield has been retained on an exclusive basis to arrange for the sale of 64-11 Queens Boulevard in Woodside, Queens. 64-11 Queens Boulevard is a fully-approved 13-story mixed-use development project. The project consists of approximately 155,000 gross builable square feet across 400’ of linear frontage and has already been granted full construction permits and assumable construction financing, creating a truly shovel-ready project. The approved plans call for 148 residential apartments, 3,332 SF of retail, and 89 covered parking spaces. This pocket of Woodside has been highly sought after by some of Manhattan’s largest private equity groups. The property is serviced by the 7 train and Woodside LIRR at 61st Street-Woodside as well as the Q18 and Q60 bus lines directly in front of the property, allowing for seamless access to Manhattan and the rest of the borough. Additionally, the Brooklyn Queens Expressway and Grand Central Parkways are easily accessible via the Queens Boulevard on-ramp. Please inquire with Exclusive Brokers for additional information. Tax Map Survey BLOCK 1341 43RD AVENUE Northern block front between 64th Street and 65th Street 65TH STREET65TH 19,808 (Approx.) 64TH STREET MAX BUILDABLE SQ. FT. 118,848 (Approx., MIH) LOT 77 PARKING SPACES 89 QUEENS BLVD 7 | 64-11 QUEENS BOULEVARD AVERAGE TRAVEL TIME FROM PROPERTY TO PENNSYLVANIA STA- TO QUEENS BLVD / 52ND STREET TO BROOKLY N- QUEENS TO LAGUARDIA AIRPORT TION / MANHATTAN & 61 STREET 7 TRAIN - LIRR EXPRESSWAY 19 10-13 4 8 MINUTES MINUTE WALK MINUTE DRIVE MINUTE DRIVE VIA Woodside LIRR VIA Queens Blvd On Ramp VIA I-278 / Grand Central Parkway WOODSIDE DAILY COMMUTERS 17,000 VIA 7 Subway Train At 61st St / Woodside Station 7 5 278 WOODSIDE LIRR 3 8 64-11 QUEENS BOULEVARD WOODSIDE, QUEENS 64-11 QUEENS BOULEVARD | 8 AVERAGE TRAVEL TIME FROM PROPERTY Surrounding Developments TO LAGUARDIA AIRPORT 8 1 5 MINUTE DRIVE VIA I-278 / Grand Central Parkway 69-02 QUEENS BOULEVARD 70-33 QUEENS BOULEVARD MADISON REALTY CAPITAL 36,000 SF Residential Project 500,000 SF Mixed-Use Project (Under Development) (Under Development) 2 6 2 4 6 1 72-01 QUEENS BOULEVARD 69-28 QUEENS BOULEVARD “WOODSIDE GREEN” - HAKIMIAN “J&J TOWER” – DEVELOPED IN 2016 ORGANIZATION 90,000 SF Mixed-Use Building 300,000 SF Mixed-Use Project (Under Development) 3 7 65-15 QUEENS BOULEVARD 70-09 45TH AVENUE “THE QUEENS HOTEL” - DEVELOPED IN 2014 DEVELOPED IN 2016 24,000 SF Hotel 40,000 SF Residential Building (Under Development) 4 8 70-65 QUEENS BOULEVARD 64-06 QUEENS BOULEVARD 110,000 SF Mixed-Use Project HOLIDAY INN - CENTURY DEVELOPMENT GROUP (Under Development) 60,000 SF Hotel (Under Development) 9 | 64-11 QUEENS BOULEVARD PROPERTY PHOTOS 64-11 QUEENS BOULEVARD | 10 11 | 64-11 QUEENS BOULEVARD ASKING PRICE PPBSF $21,000,000 $177 RENDERING CONTACT INFORMATION Stephen R. Preuss Andreas Efthymiou Rani Bendary Kevin Louie Vice Chairman Director Associate Director +1 718 512 2118 +1 718 512 2621 +1 718 512 2106 +1 718 512 2627 [email protected] [email protected] [email protected] [email protected] ©2020 Cushman & Wakefield. All rights reserved. The information contained in this communication is strictly confidential. This information has been obtained from sources believed to be reliable but has not been verified. No warranty or representation, express or implied, is made as to the condition of the property (or properties) referenced herein or as to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). Any projections, opinions or estimates are subject to uncertainty and do not signify current or future property performance. .
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