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63-88 Woodhaven Blvd
Rego Park, NY 11374

Rare Development Site, Rego Park, Queens, NY · Retail Property For Sale

Investment Highlights

  • Corner property with high exposure conveniently located at the epicenter of Rego Park.
  • Within close proximity to New York City, the Long Island Expressway, Queens Center Mall, Brooklyn Queens Expressway.
  • 6,000 s/f building with the potential for a mixed-use project build-able up to a 22,000 sf.
  • Ideally situated on Woodhaven Boulevard between Penelope Avenue and 64th Road.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
5,830 SF
Building Class
C
Year Built/Renovated
1938/1990
Tenancy
Single
Number of Floors
1
Building FAR
0.54
Lot Size
0.25 AC
Zoning
R5D WITH C1-3 overlay
Parking
20 Spaces (3.43 Spaces per 1,000 SF Leased)

Amenities

  • Corner Lot

About 63-88 Woodhaven Blvd , Rego Park, NY 11374

The offering is a rare development site (Block 3014, Lot 0026) within Rego Park, Queens, NY. Situated on Woodhaven Boulevard between Penelope Avenue and 64th Road, the 10,700 s/f lot (6,000 s/f building) is available for sale or lease. The site is situated within a R5D with a C1-3 overlay zoning district that allows for the creation of a mixed-use project with the potential to include a mixture of medical, retail, residential, community facility, hotel and/ or office and build up to a 22,000 s/f new building. It has an FAR of 2. Conveniently located at the epicenter of Rego Park, the site is within close proximity to New York City, the Long Island Expressway, Queens Center Mall, Brooklyn Queens Expressway and neighboring communities such as Forest Hills, Kew Gardens, Middle Village, Elmhurst, Woodhaven and Jamaica to offer residents an opportunity of convenience for retail/business. This redevelopment opportunity provides developers the ability to capitalize on tremendous demand in an area with a scarcity of developable land. The acquisition of 63-36 Woodhaven Boulevard is an ideal opportunity for any investor/developer looking for a sizeable development project within Queens

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03014-0026
Land Assessment
£217,654
Improvements Assessment
£208,705
Total Assessment
£426,359
  • Listing ID: 16132195

  • Date on Market: 22/05/2019

  • Last Updated:

  • Address: 63-88 Woodhaven Blvd, Rego Park, NY 11374

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