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57-07 Queens blvd 0.15 Acres of Commercial Land for Lease in Woodside, NY 11377
Highlights
- $35,000/Month Ground Rent (Starting Asking Rate)
- 62.55' x 100' Lot
- Eligible for 485-x Tax Abatement & UAP Benefits
- 99-Year Ground Lease Opportunity
- Potential for 40,000+ SF Multifamily Development
- Draft Plans for 61 Units Across 9 Stories
LOT Available
Display Rental Rate as
| Rental Rate |
|
Lot Size | 0.15 AC |
| Lease Term | 99 Years |
| Rental Rate | |
| Lease Term | 99 Years |
| Lot Size | 0.15 AC |
35,000.00 per month This development site is listed directly from ownership for a 99-year ground lease. The subject 62.55' x 100' lot, when factoring in the 485-x tax abatement and UAP benefits, qualifies for 40,000+ square-foot multifamily development. Please see the attached draft plans for a 61-unit, 9-story elevator building, along with the survey. The asset will be delivered as-is, with a vacant mechanic shop on the lot. Note: Ownership is strictly considering offers for a 99-year ground lease, not an outright sale, with an asking ground rent starting at $35,000 per month, subject to other terms and conditions. Please contact Eli at +1 (347) 843-5896 or Elibenmeir0@Gmail.com.
Property Overview
This development site is listed directly from ownership for a 99-year ground lease. The subject 62.55' x 100' lot, when factoring in the 485-x tax abatement and UAP benefits, qualifies for 40,000+ square-foot multifamily development.
Property Facts
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Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
60/100
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57Q LLC
57-07 Queens blvd
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