Press Release brought to you by Cushman & Wakefield Capital Markets Group New York

Cushman & Wakefield Retained Exclusively to Sell Astoria Waterfront Development Site - 96,000 Buildable Square Feet

02/03/2015

Cushman & Wakefield has been retained on an exclusive basis to sell an a mixed-use development site at 30-05 Vernon Boulevard, located between 30th Road and Main Avenue in the Astoria neighborhood of Queens. The asking price is $18,240,000.

The site holds approximately 96,000 buildable square feet for mixed-use development on an 18,589-square foot lot.  It benefits from frontage on both Vernon Boulevard and Welling Court. 

This Astoria waterfront assemblage is situated amongst several planned and recently completed developments, making it an excellent opportunity for a developer looking to capitalize on the explosive growth of the neighborhood.

“With approximately 73’ feet of frontage along Vernon Boulevard and 106’ on Welling Court, this site represents a substantial development opportunity on Astoria’s waterfront,” said Cushman & Wakefield’s David Chkheidze, who is exclusively marketing this property with Stephen R. Preuss.

 

02/03/2015 - 10:54

Source

Cushman & Wakefield Capital Markets Group New York

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