Property History
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Marketing Description
This exceptional opportunity features a developable commercial building with transferable air rights in the heart of Woodside. With approximately 25,000 sq ft of total buildable area and strong corner visibility, this site is ideal for a transformative mixed-use project, boutique office complex, or retail/entertainment destination. The property sits on a high-visibility corner, offering excellent street presence and easy access to major arteries (I-278, LIE) and transit options, including multiple bus routes and nearby subway/rail connections.
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Asking Details
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Price/Sq Ft
Marketing Description
Lin Pan Realty is pleased to present a standout commercial investment opportunity: 4322 50th Street at Woodside. This robust two-story masonry office building combines immediate, stable income with significant future upside in one of Queens' most dynamic and accessible neighborhoods. Strategically positioned on a prominent corner lot, the property commands exceptional visibility and foot traffic. Its prime location is further amplified by direct adjacency to the Roosevelt Avenue corridor and the Subway 7 line, providing unparalleled access for tenants, clients, and future redevelopment.
Investment Highlights
- Substantial Scale & Income: Features approximately 25,000 square feet of building area, anchored by a diversified mix of long-term, creditworthy tenants including a bank, medical offices, CPA firms, and government boards, with 8-9 years lease remaining, ensuring reliable cash flow.
- Premium On-Site Amenities: Includes 19 indoor parking spaces, a coveted amenity that adds substantial value and convenience.
- Prime Development Potential: Zoned R7/C8-1, this site offers exciting future flexibility for value-add repositioning or potential vertical expansion (subject to approvals), allowing an investor to shape its next chapter.
- Ideal Investment Vehicle: Positioned perfectly for a 1031 exchange, this asset delivers the dual advantage of solid current income and a clear path to accelerated future returns.
Loan History
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Contact Information
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Ownership Information
Zoning
R7A ResidentialMulti FamilyGeneral Residence
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View all 99 uses
View all 99 uses Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics
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