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Development Site for Sale - 26-24 & 26 4th Street Astoria NY

Development Site for Sale - 26-24 & 26 4th Street Astoria NY Development Site for Sale - 26-24 & 26 4th Street Astoria NY Development Site for Sale - 26-24 & 26 4th Street Astoria NY

Property Overview

Price/Rent PSF $ 14,600,000.00
Asset Type Residential
Trade Type Sale
SQ. FT. Available INQUIRE
Date Available 08/14/2017
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Description

Lee & Associates is pleased to present for sale, a block-through development site in the Hallets Cove sub-section of Astoria, Queens. The site consists of two contiguous tax lots facing a wide street with a total footprint of 25,473 square feet. The site is improved with a one-story, 20,000 square foot warehouse which is being leased on a month-to-month basis, and a vacant lot. The neighborhood is experiencing tremendous transformation highlighted by the Hallets Point, seven building megaproject currently under construction by the Durst Organization. This site presents an exciting opportunity for a residential developer to participate in what is one of the most transformative neighborhoods in all of Queens.

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