70-02 34th Avenue
Retail | 21,500 SqFt
Marketing description
Cushman & Wakefield is pleased to present 70-02 34th Avenue, a ±21,500 SF single-story commercial property situated at the corner of 34th Avenue and 70th Street, in the heart of Jackson Heights. The site sits steps from the 82nd Street–Jackson Heights and Roosevelt Avenue transit hubs, offering direct access to the E, F, M, R, and 7 trains—one of Queens’ busiest transportation networks.
Surrounded by dense residential stock and a vibrant retail landscape, the property benefits from steady foot traffic and proximity to national tenants including TD Bank, CVS, Duane Reade, Dunkin’, Chick-fil-A, Wendy’s, BP, Verizon, and others.
The site offers significant redevelopment potential, with R5 zoning and up to 43,000 buildable SF under the City of Yes framework. The property will be delivered vacant at closing, providing a clean slate for investors, users, or developers. This flexibility allows for immediate repositioning, lease-up, or redevelopment without tenant carry. Another major multiplier would be to ULURP the property which would add significant value and is a very likely candidate for an upzoning.
Located within one of Queens’ most dynamic and culturally rich neighborhoods, 70-02 34th Avenue stands as a rare opportunity combining location, scale, and long-term upside.
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