ASTORIA14-30 BOULEVARD ASTORIA, NY 11102 Block-Through Mixed-Use Development Site Along Astoria Blvd. Short-Term Covered Land Play with ~27,080 BSF (As of Right)

NEW PRICING! ASTORIA14-30 BOULEVARD ASTORIA, NY 11102 Block-Through Mixed-Use Development Site Along Astoria Blvd. Short-Term Covered Land Play with ~27,080 BSF (As of Right)

NEW ASKING PRICE $6,250,000 $230/BSF (as-of-right)

PROPERTY HIGHLIGHTS

SINGLE-STORY SHORT TERM COVERED BLOCK-THROUGH LOT WITH FRONTAGE LAND INCOME PRODUCING WAREHOUSE ALONG ASTORIA BOULEVARD AND 28TH WITH PARKING AVENUE IN ASTORIA, QUEENS

R6B, C2-3 ZONING ALLOWS FOR ~27,080 .3 MILES FROM THE ASTORIA FERRY BUILDABLE SQUARE FEET (AS-OF- LANDING (3-10 ASTORIA BOULEVARD) RIGHT) FOR MIXED-USE DEVELOPMENT & .5 MILES FROM THE 31ST STREET & OR ~29,788 BUILDABLE SQUARE FEET ASTORIA BLVD (NW) SUBWAY STOP UNDER THE AIRS PROGRAM

TAX MAP ASTORIA BLVD BLOCK LOT 539 14 14

28TH AVE

21ST ST FOR ADDITIONAL INFORMATION, PLEASE CONTACT EXCLUSIVE CUSHMAN & WAKEFIELD AGENTS:

Stephen R. Preuss Andreas Efthymiou Vice Chairman Director 718 512 2118 718 512 2621 [email protected] [email protected]

Rani Bendary Associate 718 512 2106 [email protected]

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 INFORMATION NYC FINANCIAL INFORMATION ADDRESS 14-30 Astoria Boulevard, ASSESSMENT (20/21) $436,670 Astoria NY 11102 LESS ICIP -$38,475 (Expires 7/1/2025) LOCATION Located on Astoria Boulevard between 14th St. & 21st St. TAXABLE VALUE $398,195 10.5370% BLOCK / LOT 539 / 14 TAX RATE $41,958 LOT DIMENSIONS 75’ x 159’ (Irreg. Approx.) TAXES (20/21)

GROSS LOT SF. 13,540 (Approx.) BUILDING CLASS F5 CURRENT INCOME GROSS BUILDING SF. 12,400 (Approx.) Tenant SF Monthly Annual Lease (Approx.) Rent Rent Expiration BUILDING SIZE 75' x 100' (Irreg. Approx.) GM $5,500 $66,000 10/31/2021 4,000 YEAR BUILT 1963 Beverages

10/31/2021 ZONING INFORMATION DeMarco 4,000 $4,583 $55,000 Coffee ZONING DISTRICT R6B, C2-3 3,500 $5,104 8/31/2021 Koso Fresh $61,249 FAR (AS OF RIGHT) 2.00

BUILDABLE SF. 27,080 $182,248.92 (AS OF RIGHT) ANNUAL GROSS INCOME

FAR (AIRS BONUS) 2.20 / AIRS - Affordable LESS TAXES -$41,957.81 Independent Residences for PLUS TENANT TAX REIMBURSMENT 18,779.84 Seniors in Quality Housing Buildings LESS INSURANCE (PROJECTED) -12,400.00

BUILDABLE SQ. FT. 29,788 NET OPERATING INCOME $146,670.95 (AIRS BONUS)

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. ASTORIA14-30 BOULEVARD ASTORIA, NY 11102 Block-Through Mixed-Use Development Site Along Astoria Blvd. Short-Term Covered Land Play with ~27,080 BSF (As of Right)

NEW ASKING PRICE $6,250,000 $230/BSF (as-of-right)

DEVELOPMENT MAP

ADDRESS PROJECT ADDRESS PROJECT 1 10 HALLETS POINT 2.4 Million Square Foot 6 26-12 4TH STREET 15,000 Square Foot Mixed-use Development Residential Development

2 11-16 MAIN AVENUE 26,000 Square Foot 7 26-30 4TH STREET 94,000 Square Foot Mixed-use Development Mixed-use Development 3 11-35 31ST DRIVE 53,521 Square Foot 8 26-35 3RD STREET 93,000 Square Foot Residential Development Mixed-use Development 4 12-22 ASTORIA BLVD 9,700 Square Foot 9 30-77 VERNON BLVD 522,000 Square Foot Mixed-use Development Mixed-use Development 5 26-02 4TH STREET 41,000 Square foot 10 8-29 ASTORIA BLVD 33,000 Square Foot Mixed-use Development Mixed-use Development 11 9-24 MAIN AVENUE 18,000 Square Foot Residential Development FOR ADDITIONAL INFORMATION, PLEASE CONTACT EXCLUSIVE CUSHMAN & WAKEFIELD AGENTS:

Stephen R. Preuss Andreas Efthymiou Vice Chairman Director 718 512 2118 718 512 2621 [email protected] [email protected]

Rani Bendary Associate 718 512 2106 [email protected]

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