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129-02 Northern Blvd
Corona, NY 11368
Flushing 3+ Acre Assemblage · Property For Sale


Investment Highlights
- Located within the Special Willets Point District, a 61-acre redevelopment area in Queens.
- Offers a clear path to large-scale mixed-use development under existing zoning regulations.
- Ownership is considering sale, ground lease, or joint venture structures.
- Positioned near Citi Field, the USTA National Tennis Center, and major transit connections.
- Surrounded by ongoing public and private investment including housing, infrastructure, and entertainment projects.
- One of the remaining large assemblage opportunities within the Willets Point redevelopment area.
Executive Summary
129-02 Northern Boulevard presents a rare opportunity to acquire a development assemblage in the heart of Willets Point, one of New York City's most significant urban redevelopment initiatives. The property consists of approximately 138,198 SF of land across multiple tax lots and is positioned within the Special Willets Point District, a master-planned redevelopment area transforming the historic Iron Triangle into a mixed-use destination.
The site benefits from C4-4 zoning and offers substantial development potential, including as-of-right residential, commercial, community facility, hospitality, and mixed-use opportunities. Current zoning allows for significant floor area, while the district's assemblage provisions create a pathway to enhanced density through larger-scale development configurations. The property is located adjacent to a multi-billion-dollar public-private investment initiative that includes new affordable housing, a 25,000-seat soccer stadium, upgraded transit infrastructure, public open space, and additional mixed-use development.
With proximity to Citi Field, the USTA Billie Jean King National Tennis Center, the Long Island Rail Road, and the No. 7 subway line, the site offers exceptional regional connectivity. Ownership is considering a sale, ground lease, or joint venture, providing flexibility for developers, investors, and institutional capital seeking a position within this evolving Queens growth corridor.
The site benefits from C4-4 zoning and offers substantial development potential, including as-of-right residential, commercial, community facility, hospitality, and mixed-use opportunities. Current zoning allows for significant floor area, while the district's assemblage provisions create a pathway to enhanced density through larger-scale development configurations. The property is located adjacent to a multi-billion-dollar public-private investment initiative that includes new affordable housing, a 25,000-seat soccer stadium, upgraded transit infrastructure, public open space, and additional mixed-use development.
With proximity to Citi Field, the USTA Billie Jean King National Tennis Center, the Long Island Rail Road, and the No. 7 subway line, the site offers exceptional regional connectivity. Ownership is considering a sale, ground lease, or joint venture, providing flexibility for developers, investors, and institutional capital seeking a position within this evolving Queens growth corridor.
Property Facts
| Sale Condition | Redevelopment Project | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 93,065 SF |
| Status | Active | Total Land Area | 9.51 AC |
| Number of Properties | 5 |
| Sale Condition | Redevelopment Project |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 5 |
| Individually For Sale | 0 |
| Total Building Size | 93,065 SF |
| Total Land Area | 9.51 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 129-02 Northern Blvd, Corona, NY 11368 | Industrial | 73,065 SF | 1938 | - |
| 88 Willets Point Blvd, Corona, NY 11368 | Industrial | 20,000 SF | 1939 | - |
| 12902 Northern Blvd, Corona, NY 11368 | Land | 3.00 AC | - | - |
| 12902 Northern Blvd, Corona, NY 11368 | Land | 0.17 AC | - | - |
| 12790 Willets Point Blvd, Corona, NY 11368 | Land | 0.08 AC | - | - |
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