Land For Lease • 0+ SF
| Name | Space Use | Size | Rent | Details |
|---|---|---|---|---|
| Unkwn Floor Ste | - | 0.15 AC | $2,847,081.60 USD/AC/YR | |
35,000.00 per month This development site is listed directly from ownership for a 99-year ground lease. The subject 62.55' x 100' lot, when factoring in the 485-x tax abatement and UAP benefits, qualifies for 40,000+ square-foot multifamily development. Please see the attached draft plans for a 61-unit, 9-story elevator building, along with the survey. The asset will be delivered as-is, with a vacant mechanic shop on the lot. Note: Ownership is strictly considering offers for a 99-year ground lease, not an outright sale, with an asking ground rent starting at $35,000 per month, subject to other terms and conditions. Please contact Eli at +1 (347) 843-5896 or Elibenmeir0@Gmail.com.
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This development site is listed directly from ownership for a 99-year ground lease. The subject 62.55' x 100' lot, when factoring in the 485-x tax abatement and UAP benefits, qualifies for 40,000+ square-foot multifamily development.
| $35,000/Month Ground Rent (Starting Asking Rate) |
| 99-Year Ground Lease Opportunity |
| 62.55' x 100' Lot |
| Potential for 40,000+ SF Multifamily Development |
| Eligible for 485-x Tax Abatement & UAP Benefits |
| Draft Plans for 61 Units Across 9 Stories |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Woodside Station (Babylon Branch - Long Island Rail Road, Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, Montauk Branch - Long Island Rail Road, Port Jefferson Branch - Long Island Rail Road, Port Washington Branch - Long Island Rail Road, Ronkonkoma Branch - Long Island Rail Road) | 1 min | 8 min | 0.5 mi |
| Hunterspoint Avenue Station (Hempstead Branch - Long Island Rail Road, Oyster Bay Branch - Long Island Rail Road) | 6 min | - | 2.2 mi |
| Transit/Subway | Drive | Walk | Distance |
| 52 Street (7 - New York MTA Subway (The Subway)) | 1 min | 7 min | 0.4 mi |
| Woodside-61 Street (7 - New York MTA Subway (The Subway)) | 1 min | 8 min | 0.4 mi |
| 46 Street-Bliss Street (7 - New York MTA Subway (The Subway)) | 2 min | 10 min | 0.6 mi |
| 69 Street (7 - New York MTA Subway (The Subway)) | 2 min | 15 min | 0.8 mi |
| 65 Street (E - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway), R - New York MTA Subway (The Subway)) | 3 min | 17 min | 0.9 mi |
| Airport | Drive | Walk | Distance |
| LaGuardia | 9 min | - | 3.7 mi |
| John F Kennedy International | 21 min | - | 12.8 mi |
| Newark Liberty International | 30 min | - | 19.0 mi |