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Cushman & Wakefield Retained Exclusively to Sell Development Site in Woodside

10/29/2015

Cushman & Wakefield has been retained on exclusive basis to sell a development site at 67-02 Queens Boulevard. The property is located on the southeast corner of Queens Boulevard and 67th Street in the Woodside neighborhood of Queens. Ownership is requesting proposals.

The site consists of an approximately 87’ x 112’ irregular lot. Situated within an R7X/C2-3 zoning district, it holds approximately 54,075 buildable square feet as of right. The site currently consists of an approximately 1,800 square foot garage building.

The property is located in close proximity to the Brooklyn-Queens Expressway, Long Island Expressway, Woodside Long Island Rail Road station, and the 69th Street #7 subway station. Additionally, the Q47/Q60 bus stop is one block away.

“With its proximity to Manhattan, along with existing short-term tenancy, this site provides an ideal cash flowing development opportunity in an emerging submarket,” said Cushman & Wakefield’s Thomas A. Donovan, who is exclusively marketing this property with Tommy Lin, Eugene Kim, and Robert Rappa.

10/29/2015 - 15:30

Source

Cushman & Wakefield Capital Markets Group New York

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