Flushing Development Site w. Approved Plans

For Sale$8,250,000

14414 38TH Avenue, FLUSHING, New York, 11354-5969, FLUSHING, NY 11354-5969

  • Other

Flushing Development Site w. Approved Plans, FLUSHING, NY 11354-5969 - Other Space

Flushing Development Site w. Approved Plans is located at 14414 38TH Avenue, FLUSHING, New York, 11354-5969 in the Murray Hill neighborhood, NY, FLUSHING, 11354-5969. The Class V0 Other building was completed in 1980.

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Details

  • Price $8,250,000
  • City FLUSHING
  • Neighborhood Murray Hill
  • Zip Code 11354-5969
  • Market Queens
  • Property Type Other
  • Lot Size 0.21 Acre
  • Building Class V0
  • Year Built 1980
  • Date Updated 15 Jan, 2021

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Description

Cushman & Wakefield has been retained on an exclusive basis for the sale of 144-14 38th Avenue in Flushing, Queens.

144-14 38th Avenue is a fully-approved development site for a six-story residential / community facility building. Currently on the property is a building of approximately 10,359 square feet, which will need to be demolished. The lot is approximately 10,359 square feet with 50 feet of frontage on 38th Avenue.

The approved plans consist of a gross building area of approximately 40,436 including the cellar. The zoning floor area equates to 27,849.95 square feet on six stories. The residential portion consists of 30 apartment units, and the community facility space is located on a portion of the cellar and first floor. Additionally, the cellar will also feature 15 parking spaces. Ownership also has demolition plans fully approved.

144-14 38th Avenue is located in walking distance to Main Street/Downtown Flushing. The new mega-development Flushing Commons is located just two blocks west featuring brand new retail, and future home to new luxury condominiums The 7 subway train and LIRR are available in walking distance via Roosevelt Avenue / Flushing Main Street LIRR / Murray Hill LIRR .

Property inspections are by appointment only. Please inquire within.

FREQUENTLY ASKED QUESTIONS

When was this property built?

Flushing Development Site w. Approved Plans was built in 1980.

Murray Hill Demographics

Population

  • Total Population40,484
  • Male Population(46.8 %) 18,945
  • Female Population(53.2 %) 21,539
  • Median Age45.00

Income/Financial

  • Average Household Income$69,284
  • Median Household Income$54,314
  • Median Income Under 25$17,688
  • Median Income 25-44$60,295
  • Median Income 45-64$66,104
  • Median Income Over 65$35,280

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Stephen Preuss

Cushman & Wakefield

(718) 512-2118

Kevin Louie

Cushman & Wakefield

(646) 373-9860