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129-02 Northern Boulevard Flushing, Queens New York 129-02 NORTHERN BOULEVARD FLUSHING, QUEENS NEW YORK 3+ ACRE ASSEMBLAGE OF THREE CONTIGUOUS LOTS WITH OVER 276,000 BUILDABLE SQUARE FEET AS OF RIGHT NEARLY 100,000 SQUARE FEET OF EXISTING INDUSTRIAL & OFFICE SPACE GREAT POTENTIAL FOR OWNER/USER INQUIRE WITHIN FOR ADDITIONAL INFORMATION ZONING & LOT INFORMATION BUILDING INFORMATION BLOCK / LOTS 1833 / 215 425 230 BLOCK / LOTS 1833 / 215 425 230 LOT DIMENSIONS 316’ X 100’ 115.31’ x 74.73’ 36.85’ x 308.69’ irr. BUILDING SQ. FT. 93,065 0 0 approx. LOT SQ. FT. 128,949 3,549 5,700 approx. GROSS BUILDING SQ. FT. 93,065 approx. GROSS LOT SQ. FT. 138,198 (3.17 Acres) approx. OFFICE SQ. FT. 16,350 approx. ZONING WP / C4-4 (R7) WAREHOUSE SQ. FT. 76,715 approx. FAR (BASE) 2.0 STORIES 2 BUILDABLE SQ. FT. (BASE) 257,898 7,098 11,400 approx. BUILDINGS ON LOT 2 GROSS BUILDABLE SQ. FT. 276,396 approx. UNDERLYING ZONING - C4-4 (R7) TAX ASSESSMENT (18/19) $2,968,109 FAR (C4-4/ R7) 3.4 / 4.0 REAL ESTATE TAXES (18/19) $312,067 GROSS BUILDABLE SQ. FT. 589,788 approx. (AS OF RIGHT) FAR (COMMUNITY BONUS) 6.5 PROPERTY INSPECTIONS ARE BY APPOINTMENT ONLY. GROSS BUILDABLE SQ. FT. 898,287 approx. PLEASE CONTACT EXCLUSIVE BROKERS FOR MORE INFORMATION (MAX) TEAMPREUSS 129-02 NORTHERN BOULEVARD 36-01 NORTHERN BOULEVARD 2.28.13 F L U S H I N G BAY N NORTHERN BOULEVARD PROPERTY DESCRIPTION LGA AIRPORT GRAND CENTRAL PARKWAY 127TH ST 127TH PL NORTHERN BOULEVARD 126TH PL Cushman & Wakefield has been retained on an exclusive basis for the WHITESTONE EXPWY 34TH AVENUE STREET H sale of 129-02 Northern Boulevard in Flushing, Queens E X I S T I N G 35TH AVENUE C ITIFIELD PARKING 12 6 T BU S LOT FUTURE WILLETS POINT-NYC 129-02 Northern Boulevard is an assemblage of three adjacent lots DEVELOPMENT PROJECT 36TH AVENUE equating to approximately 3.17 acres, or 138,198 square feet. The C ITIFIELD 37TH AVENUE property is currently improved by two buildings - approximately S TA DIUM S H E A R OA D 76,715 square feet of warehouse space and 16,350 square feet of office WILLETS POINT BLVD 38TH AVENUE PA R K WAY EXISTING space on two stories. The buildings are currently owner-occupied and CITIFIELD PARKING MTA PARCEL C E N T R A L STREET partially occupied by several other tenants with short-term leases. H T 39TH AVE 14 1 DOWNTOWN FLUSHING G R A N D E X I S T I N G The property is currently generating over $1.1 million in gross income. CITI FIELD PARKING VAN WYCK EXPWY Ownership would consider a lease-back for the property - inquire 7 ROOSEVELT AVE. within for further details. EXISTING C I T I F I E L D PARKING The property is ideal for redevelopment. Under WP zoning, the site FLUSHIN G RIVER MTA allows for up to approximately 276,396 buildable square feet as of CORONA RAIL YARD L I R R M E T S - WI LLE T S P O I N T right for commercial / residential development. The underlying zoning S TAT ION of C4-4 (R7) allows for up to 4.0 FAR which, if in effect, would allow upwards of 589,799 buildable square feet, as of right. The property has a past environmental study which came back with a clean result. BLVD Existing Site Plan ERN WILLETS POINTPROPERTY Development TAX MAP RTH Figure 2 129-02 Northern Boulevard is in a convenient location with easy 425 NO access from Northern Boulevard, the Van Wyck Expressway and the Whitestone Expressway. LaGuardia airport is conveniently located less 230 than ten minutes away, west of the property. Additionally, the 7 subway train is located in walking distance at Citi 215 D Field, and the LIRR Mets-Willets Point is located just south of the V L B subway train. Downtown Flushing is a short drive or one subway stop T P S T away, located just east of the property. Downtown Flushing is home E Y L L W I P to a mecca of real estate development including Sky View, Flushing W X E K C Commons, and One Fulton Square. The NYC Willets Point Development Y W designated Phase I area encompassing from Roosevelt Avenue through N A 35th Avenue and Northern Boulevard. It will feature a large mixed-use V development mix of hotel, residential, and commercial. Property inspections are by appointment only, please inquire within. LIRR-OWNED TEAMPREUSS 129-02 NORTHERN BOULEVARD 36-01 NORTHERN BOULEVARD PROPERTY SURVEY TEAMPREUSS 129-02 NORTHERN BOULEVARD 36-01 NORTHERN BOULEVARD LONG ISLAND SOUND NORTHERN BLVD LAGUARDIA THROGS NECK AIRPORT WHITESTONE BRIDGE RKO THEATER BRIDGE WHITESTONE EXPWY Mega UNIONmixed-use ST project with plans for PARSONS BLVD ROBERT F. KENNEDY PRINCE ST 389,746 square feet or (TRIBOROUGH) BRIDGE residential, community facility, and retail. DEVELOPMENT MAP FLUSHING COMMONS Multiple phase project 129-02 NORTHERN BOULEVARD 39TH AVE ROOSEVELTbringing AVE over 650,000 square feet of retail, 36-18 MAIN STREET residential, and 12-story hotel-medical- community space. retail building. Hotel Indigo will be on the 7 LONG ISLAND NORTHERN BLVD fifth-eleventh floors. ASSI PLAZAT H E G R A N D Future developmentAT SKY VIEW site PAR C of over 632,000 square WILLETS POINT feet for mixed-use LIRR DEVELOPMENT development. NYC’s mega devel- FLUSHING-MAINSTATION ST opment project MAIN ST expected to bring a mix FRANKLIN AVE of shopping, community, KISSENA BLVD and residential space. TANGRAM5 1.2 million squareCOLLEGE POINT foot BLVD mixed-use development8 SANFORD AVE project, first phase of residential nearly sold out. TWO FULTON SQUARE 7 13 stories, 190 aparments and retail. MANHATTAN Spanning over 200,000 square feet. SKY VIEW PARC & THE LIRR 678 6 GRAND AT SKYVIEW VAN WYCK EXPWY 14-Acre, 3.3M+ square STATION METS-WILLETS POINT foot development with a mix of retail and luxury ONE FULTON SQUARE condominiums. 330,000 square foot MANHATTAN mixed-use development. Office condominiums, VICTORIA TOWERS luxury residential 21-story residential condominiums, Hyatt condominium, approx. Place Hotel, indoor pool. 150,000 square feet with luxury amenities. KISSENA CORRIDOR PARK GRAND CENTRAL PKWY ONE FLUSHING 231 afforadable FLUSHING apartment units, fully- N amenitized building MEADOWS TEAMPREUSS PARK 129-02 NORTHERN BOULEVARD 36-01 NORTHERN BOULEVARD JFK 495 LONG ISLAND EXPWY AIRPORT MIDTOWN TUNNEL FOR FURTHER INFORMATION, PLEASE CONTACT EXCLUSIVE AGENTS: STEPHEN R. PREUSS KEVIN LOUIE DENISE PREVETE KEVIN SCHMITZ ANDREAS EFTHYMIOU Senior Managing Director Associate Director Director Associate Director Associate Director (718) 512 2118 (718) 512 2627 (718) 512 2605 (718) 512 2628 (718) 512 2621 [email protected] [email protected] [email protected] [email protected] [email protected] 129-02 NORTHERN BOULEVARD, FLUSHING TEAMPREUSS 118-35 QUEENS BOULEVARD, 14TH FLOOR, FOREST HILLS, NY 11375 WWW.CUSHMANWAKEFIELD.COM Cushman & Wakefield Copyright 2018. 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 condi-tions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question..
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