Queens Boulevard Development Opportunity 6809 Queens Blvd Lot | Résidentiel | 0,08 ha | À vendre | Woodside, NY 11377

68-09 Queens Boulevard: A Premier Development Opportunity in Woodside
Presented for sale is a development opportunity at 68-09 Queens Boulevard in Woodside, Queens, a prime corner lot with significant street frontage on two streets. This 8,819
square foot vacant site is poised for a residential and commercial development, offering high investment desirability due to strong submarket fundamentals and a strong residential market characterized by steady net effective rent growth.
Strategic & Prime Location with Great Accessibility:
This transit-oriented location offers excellent connectivity, ensuring an easy commute for future residents and patrons. Immediate access to multiple subway lines, numerous bus routes, and the Long Island Rail Road ensures convenient travel across Queens and to Manhattan. The property benefits from immediate interstate access, being adjacent to Grand Central Parkway and the Brooklyn-Queens Expressway, and offers easy routes to both LaGuardia and JFK airports.
Development Potential and Flexibility:
The property is zoned R7X / C2-3, providing development flexibility. A recent zoning analysis confirms the following buildable square footage:
• 47,724 square feet plus 8,762 sf cellar, for a total of 56,486 bsf can be developed without the inclusion of an affordable housing component.
• 56,726 square feet plus 8,762 sf cellar, for a total of 65,488 bsf is achievable with the integration of an affordable housing element, offering an incentive for maximizing density.
The R7X zoning district, a medium-density residential contextual zone, typically supports multifamily residential buildings under the Quality Housing Program, which promotes the construction of higher-quality, often taller, structures. The C2-3 commercial overlay permits a broad range of local retail and service uses, ideal for ground-floor commercial space that complements the residential component.
Strong Submarket and Neighborhood Development:
Investing in 68-09 Queens Boulevard represents an opportunity to capitalize on Woodside’s strong demand and long-term value appreciation. The strong residential market in Woodside, coupled with consistent rent growth, underscores the financial viability of a new development. Queens Boulevard has seen significant real estate activity. Recent and ongoing projects include mixed-use developments that are revitalizing the corridor. This development site is poised for the creation of a residential and commercial property that will benefit from its vibrant community and accessibility.