The CORNER BUILDING & PARKING LOT offering consists of two adjacent lots & commercial buildings combined at approx. 6100 SF development Lot , located on Corner of Queens Boulevard and 55 Street in Elmhurst Queens.
This is a highly valuable corner lot buildings that presents great opportunities from its key location and visible frontage surrounding restaurants, banks, supermarkets, and Queens Mall Center with all Macy's & majors departments store.
Situated in an R6, C1-3 zoning district, with max development potential of approx. 29280 sf, a rarely available corner lot for new development.
Combined Lots Description Vacant
Block/Lot
Lot Dimensions (approx.)
Lot Area (approx.) 6100SF
Zoning R6 / C1-3
FAR - Residential 2.43
FAR - Facility Community 4.8
Max BSF(approx.) 29280 SF
Real Estate Taxes $76,325.00
Total 3 commercial Tenants, 2 are month to month lease & one the lease will expire in 2 years.