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51-02 Roosevelt Avenue Sunnyside

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51-02 Roosevelt Avenue Sunnyside 51-02 ROOSEVELT AVENUE SUNNYSIDE ~125K BSF DEVELOPMENT SITE ALONG THE 7 TRAIN 51-02 ROOSEVELT AVE Corner Development Site with 300’+ of Frontage PROPERTY OVERVIEW INQUIRE FOR PRICING GUIDANCE PROPERTY DESCRIPTION Cushman & Wakefield has been exclusively retained to arrange for the sale of 51-02 Roosevelt Avenue, Woodside. The property is a ~125,000 BSF development site along “The Healthiest and Most Stable Retail Corridor in NYC”, according to the Department of City Planning’s 2019 report. 51-02 Roosevelt Avenue features a 26,000 SF lot with over 300’ of frontage and is located one block from the intersection of Roosevelt and Queens Boulevard, with an average daily traffic count of 50,000+ vehicles. Furthermore, the 52nd Street-Lincoln Avenue Entrance/Exit is located directly in front of the property. 51-02 Roosevelt Avenue is accessible via the B32, Q60, and Q104 bus lines and is in direct proximity to Broadway, Northern Boulevard, the Brooklyn-Queens Expressway and Long Island Expressway. This is a rare opportunity to acquire one of the last large corner development sites in a neighborhood with the statistically strongest retail that still has untapped potential. For further information, please contact the Exclusive Brokers. Cushman & Wakefield Copyright 2019-2020. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and the same is submitted suject 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). As applicable, we make no representation as to the condition of the property (or properties) in question. Click here for more information about INQUIRE FOR PRICING GUIDANCE The AIRS Program PROPERTY ZONING TAX INFORMATION INFORMATION INFORMATION ADDRESS: ZONING: ASSESSMENT (19/20): 51-02 Roosevelt Avenue, R6, C2-3 $445,230 Sunnyside, NY 11377 AIRS PROGRAM FAR: TAXES (19/20): LOCATION: 3.9 FAR $46,914 Southeast corner of Roosevelt Avenue and RESIDENTIAL FAR: 51st Street 2.43 TAX MAP 52ND STREET QUEENS BLVD BLOCK / LOT: COMMERCIAL FAR: 1320 / 12 2.0 ROOSEVELT AVE LOT DIMENSIONS: COMMUNITY FACILITY FAR: LOT 225’ x 225’ (Irr. Approx.) 4.80 12 GROSS LOT SF: MAXIMUM BSF: 25,956 (Approx.) ~124,589 51ST STREET HIGHLIGHTS 125,000 BSF Corner Fully 300+ Ft. of Frontage on Located directly at the Mixed-Use Demolished Roosevelt Avenue & 51st 52nd Street-Lincoln Development Site Site Street Avenue 7 Station CORNER ROOSEVELT AVE DEVELOPMENT SITE WITH 300’+ OF FRONTAGE One Block from Accessible via B32, Direct Proximity Roosevelt Avenue was the Queens Blvd Q60, and Q104 Bus to Queens’ Primary recently named the Roosevelt Avenue Lines Thoroughfares - the “Healthiest & Most Stable Intersection Bklyn/Qns Expressway, Retail Corridor in NYC” Long Island Expwy, and by the Department of City Queens Blvd Planning Rendering SURROUNDING DEVELOPMENT SITES 50-17 Queens Blvd., Woodside 51-27 Queens Blvd., Woodside Icon 52 - 43-41 52nd St., Woodside 52-22 Roosevelt Ave., Woodside 9 - Stories 7 - Stories 9 - Stories 5 - Stories 80,171 SF 28,624 SF 66,510 SF 18,592 SF 70 Residential Units 29 Residential Units 66 Residential Units 10 Residential Units 4 Commercial Units 2 Commercial Units 4 Commercial Units 2 Commercial Units Developed in 2019 Developed in 2015 Developed in 2013 Developed in 2018 47-16 Greenpoint Ave., Sunnyside 43-20 52nd St. (Under Development) 51-24 Roosevelt Ave. (Under Development) 52-16 Roosevelt Ave. (Under Development) 4 - Stories 6 - Stories 7 - Stories 6 - Stories 28,153 SF 25,190 SF 63,000 SF 16,600 SF 10 Residential Units 14 Residential Units 40 Residential Units 10 Residential Units 3 Commercial Units 2 Commercial Units 4 Commercial Units 2 Commercial Units Developed in 2017 Expected in 2020 Expected in 2020 Expected in 2020 SUNNYSIDE Ravenswood Roosevelt Houses Astoria Introduction Island 37th Avenue Broadway Woodside 31st Avenue YARDS 34th Avenue Midtown 42nd Street East Newtown Road March 3, 2020 37th Street 36th Avenue Queensboro Bridge 23rd Street Dutch Kills Roosevelt Kaufman Island Playground Astoria We are proud to release the Sunnyside Yard Amtrak and will serve as a guiding framework neighborhoods we love, from Sunnyside and Studios Click here for 38th Avenue 40th Avenue Museum of Master Plan, a generational framework shaped both for decking over the Yard and for our Woodside to Long Island City and Astoria. Park the Moving Image Woodside 37th Avenue 21st Street 44th Street Queensbridge Additional Houses by the voices of thousands of New Yorkers for a continuing partnership in the years to come. Queensbridge Chocolate Factory Theater Dutch Kills 46th Street Cornell Houses Information35th Avenue uniquely important site. The Sunnyside Yard Master Plan is the product Tech 39th Avenue 35th Street The Sunnyside Yard Master Plan proposes bold of a proactive, community-driven planning Queens Plaza South 31st Street Across the country, Amtrak is partnering with action on the most pressing issues of our time. process that sought to take the qualities 30th Street Steinway Street Northern Boulevard local governments to envision how its assets How do we create new models of affordable that make these neighborhoods great – their 43rd Avenue Vernon Boulevard in growing cities can serve multiple public housing at scale to protect the diverse makeup affordability, walkability, and diversity – and 48th Street ConEd Silvercup needs while also furthering its core mission of of Queens and address our housing crisis? How add to them with efficient public transit, Building Studios Queens Plaza North 28th Street Honeywell Street intercity rail transportation. In 2014, Amtrak should we rethink and invest in our regional and beautiful parks, affordable homes, and access to JetBlue 37th Avenue Airways 44th Avenue Dutch Kills Green approached the City of New York seeking to local transportation networks? How do we grow education and high-quality jobs. Court Sq. / Queens Plaza plan collaboratively for one of its key assets on in an environmentally sustainable way while 44th Road Gotham Barnett Avenue Center 39th Avenue the Northeast Corridor, Sunnyside Yard. helping communities cope with the effects of We thank the thousands of New Yorkers who 39th Street Bridge 44th Drive Sunnyside East Long Sunnyside climate change? Sunnyside Yard is the only gave their time and insights to help make Island Anable Yard Louis River City CUNY School of Basin Murray Law Lou Moser Sunnyside Yard is critically important to centrally located, transit-accessible place of this this plan reflect the hopes and needs of a Queens Boulevard Gardens Playground Queens Jackson Avenue Lodati Park Library CitiBank Sculpture Center Western Queens and the Greater New York size in New York City where we can leverage wide range of voices. We especially thank the Tower Skillman Avenue Park Skillman Avenue Queens West Long Island Thomson Avenue City region. Its central location, sheer scale, publicly controlled land to respond to these Sunnyside Yard Steering Committee, whose LIC Courthouse City Long Island City YMCA public ownership, and the strong, diverse issues, and others. guidance helped make this a truly inclusive Gantry Plaza State Park MoMA PS1 Sunnyside Community Services 43rd Avenue 43rd Street neighborhoods surrounding the Yard make it an process. NY Designs 11th Street Queens Boulevard Futureworks unparalleled place to plan responsibly for the Queens’ history as a welcoming home for E 34th St. Laguardia Arch Community College 5th Street Street 47th Avenue next generation. This Master Plan is a product working- and middle-class families from Yard Austell Pl Hunters Point of close collaboration between the City and across the globe is inseparable from the Long Island 35th Street 30th Street South Park Skillman Avenue 37th Street Queens Boulevard Vernon Boulevard Jackson Avenue City Industrial Core 39th Street Sunnyside Hunters 49th Avenue Point Hunters NYCHA South Building 33rd Street 47th Avenue Sincerely, Point South 48th Avenue Calvary 40th Street Cemetery Borden Avenue Hunters Point eek South Park n Cr Hunters Point Avenue ge w 44th Street o d i Extension t Van Dam Street 46th Street 31st Street w Br Vicki Been Anthony Coscia e i N k Greenpoint Avenue las u P 50th Avenue Deputy Mayor for Housing and Economic Chairman of the Board, Amtrak Development The Sunnyside Yard Master Plan is a once-in-a-century • An infrastructure-firstLong Island Expressway approach that includes meeting urban needs opportunity to bring 12,000 affordable homes and a regional rail like resiliency, drainage, open space, and transportation Greenpoint 48th Street 3 hub to Western Queens through the creation of new public land.Blissville Brooklyn Queens Expressway • A Firstdetailed technical guide for creating new publicly controlled land by Calvary Cemetery • 12,000 new affordable homes – half dedicated to homes for very building a “deck” over the rail yard that protect rail operations while low-income families, and half providing homeownership opportunities connecting neighborhoods through a 21st century Mitchell-Lama Program • A plan focused on preserving Queens’ affordability and diversity for • A new regional rail hub, “Sunnyside Station”, connecting Western future generations rather than maximizing financial gain Queens to the Greater New York City region and Northeast Corridor • A framework to guide future decision-making and implementation • 60 acres of new public open space serving Western Queens over
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