Anchor Inn
PRIME HOSPITALITY & DEVELOPMENT OPPORTUNITY IN BAYSIDE, QUEENS
Marketing description
East Coast New York proudly presents the 215-34 Northern Blvd, a well-established,
freestanding hospitality asset in the heart of Bayside, Queens. Situated on a prominent
corner lot with excellent visibility, the property benefits from one of the borough’s most
desirable locations.
Featuring fireproof construction and an efficient two-story layout, the asset delivers stable in-
place income with flexibility for future repositioning or expansion
.Strategically positioned near the Cross Island Parkway, Clearview Expressway, and Bayside
LIRR, the property provides seamless connectivity to Manhattan, Long Island, and both
LaGuardia and JFK Airports, appealing to a broad range of travelers.
A rare opportunity for investors and developers to acquire a high-visibility, income-producing
asset with significant upside in a supply-constrained Queens submarket.
Investment highlights
- Strategic Location: Situated on a prominent corner lot in the heart of Bayside, Queens, offering excellent visibility and a highly desirable location.
- Stable Income Stream: Freestanding hospitality asset with fireproof construction providing stable in-place income.
- Significant Development Upside: Property features 27,000 SF of building space with a total buildable capacity of 40,000 SF.
- Valuable Air Rights: Includes approximately 13,000 SF of excess air rights for future repositioning or expansion.
- Prime Connectivity: Located near the Bayside LIRR, Cross Island Parkway, and Clearview Expressway, providing seamless access to Manhattan, Long Island, JFK, and LaGuardia Airports.
- Supply-Constrained Market: Rare opportunity to acquire a high-visibility, income-producing asset in a competitive Queens submarket.
- Established Asset: Features 66 guest keys within an efficient two-story layout built on a 19,988 SF lot.
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