Marcus & Millichap - Tri Borough Multi-Family

75-24 & 75-08 Broadway

75-24 & 75-08 Broadway
, Queens

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Price: $5,850,000
Building Size: 7,940 Square Feet
Property Type: Taxpayer
Exclusive Listing Team:

Marcus & Millichap is pleased to offer 7508 & 7524 Broadway, located between Broadway and 41st Avenue in the Woodside/Elmhurst section of Queens. The subject properties are a two story and one story retail building that consist of twelve retail units and one second floor office. The properties are built irregular and sit on an irregular lot with approximately 7,940 gross square feet, and over 190 feet of frontage on Broadway. The properties are zoned C2-3/R6B allowing for approximately 7,000 gross square feet of above grade available air rights (Block: 1486, Lot: 8 & 48).

These properties offer developers, investors and owner/users the extremely rare opportunity to purchase a taxpayer with a very low average rent, units with short term or no leases and available air rights directly on top of a major subway hub on the busy Broadway corridor in the Woodside/Elmhurst section of Queens, New York.