Listed by Compass Long Island, Compass Greater NY LLC
$2,298,000
149-16 149-18 14th Avenue 149-23 Cross Island Parkway
Details
Property Type Land, Mixed Use
Sub Type Apartment Building, Mixed Use
Acreage 0.170
Land | 0.17 acres
Marketing description
DEVELOPMENT OPPORTUNITY
Whitestone, Queens / Mixed-Use Approved Project
An exceptional development opportunity is being offered in Whitestone, Queens. The offering consists of three (3) contiguous lots totaling approximately 0.170 acres (7419 Sf), located at 149-16 14th Avenue, 149-18 14th Avenue, and 149-23 Cross Island Parkway. The property is being delivered with approved architectural plans for three (3) mixed-use buildings, each designed to include a ground-floor retail/commercial component with residential apartments above.
Key Highlights:
- 3 Development Lots/ +- 0.170 Acres Total
- Approved Plans in Place
- 3 Mixed-Use Buildings with Retail/Commercial on First Floor and Residential Apartments Above
- Prime Whitestone Location
- Strong retail demand and rental fundamentals
- Excellent access to Cross Island Parkway, public transportation, and surrounding amenities.
149-16 14th Avenue consists of a 2,000 Sq ft site, proposed to be developed with a 3-story mixed-use building, containing a total of 3 residential rental units and a commercial retail / office unit (1,224 Sq ft) on the first floor, with a combination of a 2-BR + rear terrace (950 Sq ft) unit on the 2nd floor and a 1-BR (575 Sq ft) and a rear studio (375 Sq ft) units on the 3rd floor. The total gross building area is estimated at 3,234 Sq ft above grade.
149-18 14th Avenue consists of a 2,000 Sq ft site, proposed to be developed with a 3-story mixed-use building, containing a total of 3 residential rental units and a commercial retail / office unit (1,224 Sq ft) on the first floor, with a combination of a 2-BR + rear terrace (950 Sq ft) unit on the 2nd floor and a 1-BR (575 Sq ft) and a rear studio (375 Sq ft) units on the 3rd floor. The total gross building area is estimated at 3,234 Sq ft above grade.
149-23 Cross Island Parkway 3,419 Sq ft site, proposed to be developed with a 3-story mixed-use building, containing a total of 5 residential rental units and a commercial office unit (1,894 Sq ft) on the first floor, with a combination of one (1) studio and four (4) one-bedroom units. The total gross building area is estimated at 5,306 Sq ft above grade.
Listing Contacts
Listed by Compass Long Island, Compass Greater NY LLC
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?







