72-17 Grand Avenue

Woodside   |   Mazeau Street & 72nd Place

Price Drop
Building For Sale
$ 3,250,000 [ 7.14% | $ 250,000 ]
Ownership Mixed Use
Lot Size 28'x100'
Floors/Apts 5/2
Status Active
Real Estate Taxes [Per Annum] $ 10,050
Building Type Development Site
Building Size 28'x60'
Year Built 1901
ASF/ASM 11,908/1,106
Listing ID: 100118TH

Jason Bauer

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Manager, Licensed Associate Real Estate Broker

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Property Description

12,000 sf buildable Development opportunity in Maspeth, Queens on high traffic Grand Avenue. This combination sale is for the 2 story building located at 72-17 Grand Avenue and the adjacent corner lot at 72-19 Grand Avenue. The property at 72-19 Grand Avenue has 2 independent storefronts, 2 apartments above, and a fully finished basement. The oversized L shaped corner lot at 3,154 sq ft has a poured concrete foundation in place that is built to the corner of the block. There is a variance in place that a new building will not require a setback as the foundation is in place. 72-19 Grand Avenue sits on a 3,154' lot with an FAR of 2 in an R6 zone and can be built as of right 6,308' 72-17 Grand Avenue sits on a 2800' lot with an FAR of 2 also R6 which can be built to 5,600' as of right Combined actual is 11,908' First photos show renderings of they type of building that can be built. A good investment move would be to have commercial storefronts at street level with condos, or rental units above. Because of where the property is located on a ridge in Maspeth, the upper floors on the new build will have a panoramic view of the Manhattan skyline. Shown by appointment.
12,000 sf buildable Development opportunity in Maspeth, Queens on high traffic Grand Avenue. This combination sale is for the 2 story building located at 72-17 Grand Avenue and the adjacent corner lot at 72-19 Grand Avenue. The property at 72-19 Grand Avenue has 2 independent storefronts, 2 apartments above, and a fully finished basement. The oversized L shaped corner lot at 3,154 sq ft has a poured concrete foundation in place that is built to the corner of the block. There is a variance in place that a new building will not require a setback as the foundation is in place. 72-19 Grand Avenue sits on a 3,154' lot with an FAR of 2 in an R6 zone and can be built as of right 6,308' 72-17 Grand Avenue sits on a 2800' lot with an FAR of 2 also R6 which can be built to 5,600' as of right Combined actual is 11,908' First photos show renderings of they type of building that can be built. A good investment move would be to have commercial storefronts at street level with condos, or rental units above. Because of where the property is located on a ridge in Maspeth, the upper floors on the new build will have a panoramic view of the Manhattan skyline. Shown by appointment.

Listing Courtesy of Brick & Mortar LLC

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Apartment Features

A/C
72-17 Grand Avenue Woodside Queens NY 11378

Building Details [72-17 Grand Avenue]

Ownership Mixed Use
Access None
Block/Lot 2506/98
Building Size 28'x60'
Zoning R6B
Building Type Development Site
Year Built 1901
Floors/Apts 5/2
Lot Size 28'x100'

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All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.