Marcus & Millichap - Tri Borough Multi-Family

159-01 Northern Blvd Flushing Queens NY

159-01 Northern Blvd
Flushing , Queens

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Price: $13,750,000
Building Size: 21,400 Square Feet
Property Type: Mixed-use
Exclusive Listing Team:
Matt Fotis
Tel: 212-430-5206
Matthew(dotted)Fotis(at)marcusmillichap(dotted)com
Sam Hoefle
Tel: 212-430-6132
Samuel(dotted)Hoefle(at)marcusmillichap(dotted)com
INVESTMENT OVERVIEW:

Marcus & Millichap is pleased to offer 159-01 Northern Boulevard, located between 159th Street and 160th Street in the Flushing/Murray Hill section of Queens. The subject property is comprised as 1-two story mixed use building along Northern Boulevard with eleven ground floor retail units, ten offices located on the second floor and eight apartments in the rear. The rear building is one story building with two apartments and either parking spaces. Additionally there are eight outdoor parking spaces. The front property is built approximately 210 ft x 60 ft and sits on an irregular lot with approximately 21,400 gross square feet. The property is zoned C1-2/R5B & R1-2A (Block: 5279, Lot: 01)

This property offers investors and developers the opportunity purchase a mixed use building with 210 feet of retail frontage on Norther Boulevard and additional air rights in the Flushing/Murray Hill section of Queens, New York.

Investment Highlights:

  • Rare Prime Flushing Mixed Use Building
  • 210 Feet of Retail Frontage on Northern Boulevard
  • C1-2/R5B & R1-2A Zoning Allowing for Approximately 31,000 Total Gross Buildable Square Feet
  • Four Blocks from the Port Washington LIRR Train Line