Prime Bayside Development Assemblage Located at 41St Avenue & 214Th Place, Bayside Ny 11361

LIRR

BELL BLVD

41ST AVE ASSEMBLAGE

41ST AVE

214TH PL

DELIVERED VACANT PRIME BAYSIDE DEVELOPMENT ASSEMBLAGE LOCATED AT 41ST AVENUE & 214TH PLACE, BAYSIDE NY 11361

mixed-use development site assemblage in bayside steps from bell boulevard & lirr PRIME BAYSIDE DEVELOPMENT ASSEMBLAGE MIXED-USE DEVELOPMENT SITE IN BAYSIDE DELIVERED VACANT LOCATED STEPS FROM BELL BOULEVARD & LIRR

41ST AVENUE & 214TH PLACE, BAYSIDE NY 11361

ASKING PRICE $5,500,000

PROPERTY DESCRIPTION

Cushman & Wakefield has been exclusively retained to arrange for the sale of a development assemblage located on 41st Avenue and 214th Place in Bayside, Queens.

The assemblage includes three contiguous lots totaling approximately 12,000 square feet and allows for a approximately 24,000 buildable square feet for mixed-use development. This is one of the few remaining unimproved parcels of land in the heart of Bayside near the Long Island Railroad Station and Bell Boulevard. The zoning allows for retail, office, residential and community facility development. The property will be delivered vacant.

The property is located less than 200 feet from Bell Blvd, the Long Island Railroad-Bayside Station, and numerous national brand credit retailors including Bank of America, Domino’s Pizza, and GNC. Bell Bouelvard is one of the most stable retail corridors in Queens with rents exceeding $65 per square foot and condominium sales exceeding $900 per square foot. This is an ideal opportunity to take advantage of the lack of supply and high demand for new construction product in the area.

Contact exclusive brokers with any questions.

PROPERTY HIGHLIGHTS

~200 FT FROM BELL BLVD & LIRR BAYSIDE EXISTING CURB CUTS ON BOTH 41ST STATION AVE AND 214TH PL RARE 24,000 BSF MIXED-USE DEVELOPMENT NEIGHBORS INCLUDE NUMEROUS OPPORTUNITY IN THE HEART OF BAYSIDE NATIONAL CREDIT RETAILERS 80 FT OF FRONTAGE ON 41ST AVE AND 40 FAVORABLE ZONING ALLOWING FT OF FRONTAGE ON 214TH PL FOR MULTIPLE USES FOR ADDITIONAL INFORMATION AND CONFIDENTIALITY AGREEMENT, PLEASE CONTACT EXCLUSIVE CUSHMAN & WAKEFIELD AGENTS:

Stephen R. Preuss Kevin Louie Vice Chairman Director 718 512 2118 718 512 2627 [email protected] [email protected]

Charlie Dupont Associate 718 512 2602 charlie.dupont@cushwake.

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

TAX MAP 40TH AV BLOCK 6288

LOT PL 214TH 29 29,35,37

37 35 BELL BVD BELL

41ST AV

80 FT FRONTAGE FT40 FRONTAGE

Cushman & Wakefield Copyright 2020. No warranty or representation, express or implied, is made 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). As applicable, we make no representation as to the condition of the property (or properties) in question. PRIME BAYSIDE DEVELOPMENT ASSEMBLAGE MIXED-USE DEVELOPMENT SITE IN BAYSIDE DELIVERED VACANT LOCATED STEPS FROM BELL BOULEVARD & LIRR

41ST AVENUE & 214TH PLACE, BAYSIDE NY 11361

ASKING PRICE $5,500,000

PROPERTY INFORMATION

ADDRESS 40-10 214th Place, Bayside

LOCATION 214th Place Mid-block between 40th and 41st Avenue, and 41st Avenue between Bell Boulevard and 214th Place

BLOCK 6288

LOT 29 35 37

LOT SQ. FT. 4,000 4,000 4,000 (approx.)

GROSS LOT SQ. FT. 12,000 (approx.)

ZONING INFORMATION

ZONING: R4 R6B, C1-2 R6B, C1-2

FAR (AS-OF-RIGHT) 0.75 2.00 2.00

BUILDABLE SQ. FT (AS-OF RIGHT): 3,000 8,000 8,000 (approx.)

BUILDABLE SQ. FT (MAXIMUM): 8,000 8,000 8,000 (approx.)

TOTAL BUILDABLE SQ. FT: 19,000 (approx.)

TOTAL BUILDABLE SQ. FT (MAX W/ CF 24,000 (approx.) BONUS):

NYC FINANCIAL INFORMATION

ASSESSMENT (20/21) $319,950

TAXES (20/21) $33,713 C H a a th W 116th St E 125th St e r FOR ADDITIONAL INFORMATION AND CONFIDENTIALITY AGREEMENT, d l ral e Eastchester W P m 1 ky PLEASE CONTACT EXCLUSIVE CUSHMAN & WAKEFIELD AGENTS: 10 R th 7th Ave Bay i St v e

Stephen R. Preuss Th Kevin Louie r M

D Vice Chairman Director i r d

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