917-716-7751
35-01 Queens Blvd, Long Island City, NY for Sale
Showroom - FOR SALE
1/9
null | Request Cap Rate

35-01 Queens Blvd
Long Island City, NY 11101
LIC


HIGHLIGHTS

  • • Prime Queens Blvd frontage with heavy daily traffic
  • • Immediate income with upside through lease-up and redevelopment
  • • Flexible assemblage opportunity for larger-scale development
  • • Located at the cusp of a transforming corridor
  • • Strong transportation access (subway directly across the street)
  • • Ownership open to extended due diligence periods , minimal deposits, and possibly partial seller financing

OVERVIEW

ATTENTION DEVELOPERS, CHARTER SCHOOLS, MEDICAL IN STITUTIONS AND SHOW ROOMS GREINER-MALTZ has been retained on an exclusive basis to handle the sale of the property at 35-01 Queens Blvd in Sunny side Queens PRIME QUEENS BLVD DEVELOPMENT OPPORTUNITY ON HIGH-VISIBILITY CORNER WITH STRONG INCOME Rare opportunity to acquire a high-profile asset with tremendous development potential, stable esisting income and significant long-term upside in one of Queens’ fastest-growing submarkets. Positioned along the highly trafficked Queens Boulevard corridor, this M1-4 zoned property offers exceptional visibility and accessibility, directly across from the #7 subway line. Located at the edge of an Industrial Business Zone (IBZ), the asset presents both immediate income and long-term development upside. DEVELOPMENT POTENTIAL • As-of-right buildable: Approx. 65,000 SF (6.5 FAR) • lot Assemblage opportunity: Combine with adjacent parcel (43-39 35th Street, 40’ x 100’) for A 14,000 SF foorprint and up to approx. 91,000 BSF • Suitable for a wide range of commercial facility uses including: Educational institutions (charter schools), Medical facilities, Showrooms, General commercial or light industrial uses STABLE INCOME The property is nearly fully leased, with only 1,400 SF of vacancy, generating an estimated NOI of $400,000–$500,000 depending if one considers the adjacent 4000 SF warehouse income. This provides investors with stable in-place cash flow while pursuing future redevelopment plans. CAN YOU SEE THE FUTURE AND LOCATION MARKET DYNAMICS ? This property sits within a rapidly evolving section of Long Island City. Just four blocks east, multiple properties have already transitioned beyond IBZ limitations, with mixed-use and residential developments currently underway. The area continues to experience strong growth driven by proximity to transit, Manhattan access, and ongoing rezoning trends. This is an opportunity to secure scale and frontage on Queens Blvd ahead of further rezoning momentum. FLEXIBLE DEAL STRUCTURE: Ownership offers extended due diligence with minimal deposit requirements and will consider partial seller financing. Call or write Eitan for more info. Cell: 917-716-7751, Email: Ehakami@Greiner-maltz.com

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Prime Queens Blvd Development Opportunity

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Showroom

ADD'L SUBTYPES

Showroom, Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1931

UTILITIES

Lighting - Fluorescent, Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

13 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23

LAND SF

10,019

ZONING

M1-4

APN/PARCEL ID

00222-0009

ASK ABOUT THIS PROPERTY

Eitan HakamiGreiner-Maltz Company of New York, Inc.More Info
917-716-7751

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Eitan HakamiGreiner-Maltz Company of New York, Inc.More Info
917-716-7751

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.