Marcus & Millichap - Tri Borough Multi-Family

2326 Broadway

NY

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Price: $2,125,000
Building Size: 8,078 Square Feet
Property Type: Development Site
Exclusive Listing Team:
Matt Fotis
Tel: 212-430-5234
Matthew.Fotis@marcusmillichap.com
Zachary Golub
Tel: 212-430-5134
Zachary.Golub@marcusmillichap.com
Property Status: Active
Description:

Marcus & Millichap is pleased to offer, 2326 Broadway located between 23rd Street and Crescent Street in the Long Island City section of Queens, NY.

The 1 story property is on a 25 x 114’’ lot and is zoned R6A/C1-4,R5 Infill. The “As of Right” FAR is 3 for the R6A/C1-4 portion of the lot and the FAR is 1.65 for the R5 infill portion of the lot allows for approximately 8,078 total buildable square feet. (Block: 566 , Lots:39).

This property offers developers the rare opportunity to purchase a mixed use development site with 25’ of retail frontage on Broadway in the rapidly expanding market occurring in core Astoria, Queens.