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2724 College Point Blvd
Flushing, NY 11354
Prime Development Site in College Point · Land For Sale · 0.18 AC

Investment Highlights

  • Transit Access: Close to major bus routes and Flushing transit hubs.
  • Nearby Amenities: Restaurants, retail, parks, and waterfront access.

Executive Summary

SP Capital Group is pleased to offer this exceptional development opportunity located at 27-24 College Point Blvd, in the rapidly growing neighborhood of College Point, Queens. This vacant lot spans 5,750 square feet and offers great potential for future development, with zoning that allows for 7,762 buildable square feet (BSF) as-of-right, and up to 11,500 BSF with the facility bonus.
Seller financing is available, making this a unique opportunity for investors to secure a highly desirable site.
Key Highlights:
Lot Size: 5,750 SF (66ft x 130ft)
Zoning: R5B/R4 (1.35 FAR)
Buildable Square Footage: 7,762 BSF (11,500 BSF with facility bonus)
Asking Price: $3,326,000
Seller Financing Available: 90% of purchase price with 10% down
For more information, please contact us today.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Apartment Units
Total Lot Size 0.18 AC
Zoning R5B R4 - Medium density district with a height limit of 40 feet

1 Lot Available

Lot

Price $4,574,580 CAD
Price Per AC $34,655,385.71 CAD
Lot Size 0.13 AC

This site is ideal for developers seeking a prime location with flexible development options. Don't miss the opportunity to acquire a corner lot in one of Queens' most sought-after neighborhoods.

Description

The property is strategically located on the corner of 28th Ave and College Point Blvd, offering excellent visibility and access to major roadways, including the Whitestone Expressway. This prime site is just minutes away from a variety of local amenities, including restaurants, shops, markets, schools, parks, and national retailers, making it an ideal location for residential or commercial development. With its versatile zoning (R5B/R4), this property presents significant opportunities for builders and developers looking to capitalize on the growing demand for new developments in this area.

Property Taxes

Property Taxes

Parcel Number
04292-0012
Land Assessment
$307,464 CAD
Improvements Assessment
$0 CAD
Total Assessment
$307,464 CAD
  • Listing ID: 34081970

  • Date on Market: 2024-12-04

  • Last Updated:

  • Address: 2724 College Point Blvd, Flushing, NY 11354

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