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144 Northern BlvdFlushing, NY 11354
144-28/36 Northern Boulevard
Asset ClassLand
overview of deal

Overview

The offering consists of two adjacent properties with a combined lot size of approximately 14,375.04 square feet, located on the south side of Northern Boulevard between Parsons Boulevard and 147th Street in Flushing, Queens. Delivered vacant with 100 feet of frontage on Northern Boulevard, this site presents a rare, clean-slate development opportunity in one of Queens’ most active and supply-constrained markets. Situated in an R6/C1-2 zoning district, the property offers a range of as-of-right development options, including up to 39,634 buildable square feet under the wide street residential FAR, 56,063 buildable square feet under the City of Yes UAP residential FAR, 28,750 buildable square feet of commercial space, or up to 69,000 buildable square feet of community facility space. The site is also a prime candidate for rezoning to R7X/C2-4, which would increase the residential FAR to 6.0 and unlock up to approximately 86,250 buildable square feet. With multiple nearby rezonings already in motion, and the 5-Star Westin Hotel opening nearby, this offering represents a rare opportunity to secure a prominent mixed-use development site in the heart of Flushing—especially as the neighborhood continues to experience rapid growth, and long-term investment momentum.

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Investment Highlights

  • Prime candidate to be upzoned to R7X/C2-4 district, increasing the residential density increasing the FAR to 6.0 to 86,231 SF.
  • Mixed-use development site providing flexibility with 100’ of frontage on Northern Boulevard.
  • Queens' first 5-star hotel, The Westin, located just blocks from the Site, elevates the neighborhood’s hospitality and business appeal.
  • 48,000 annual average daily traffic.
  • Located just a 10-minute walk to Downtown Flushing, surrounded by ongoing rezonings that highlight the area’s accelerating development and demand.
  • Currently zoned R6/C1-2, allowing for a maximum mixed-use development of approx. 69,000 SF.
  • Surrounded by numerous new retail/residential developments, one of the very few parcels available.
144 Northern BlvdFlushing, NY 11354

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Listing provided by Revere CRE