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13535 Northern Blvd - Flushing Development - Approved, Shovel Ready

1.01 Acres of Commercial Land in Flushing, NY 11354

Investment Highlights

  • Delivered with fully approved plans for a 353,412 above-grade SF mixed-use project.
  • Multi-level retail, community facility space, 269 residential apartments, and automated parking system for 305 spaces.
  • Designed by renowned architect, Pei Cobb Fre & Partners.

Executive Summary

RIPCO INVESTMENT SALES has been exclusively retained to arrange for the sale of FLUSHING SQUARE at 135-35 Northern Boulevard in Downtown Flushing, Queens. 135-35 Northern Boulevard is a fully approved mixed-use development opportunity designed by the renowned architect Pei Cobb Freed & Partners boasting 16 stories and 353,412 buildable square feet.
The approved plans include a mix of 17,460 square feet of multi-level retail, 15,857 square feet of community facility, 269 residential apartments, and an automated parking system for 305 spaces. Additionally, there is a proposed variance designed by Gerner Kronick + Valcarcel Architects for a 162-key hotel component. It is located in a Qualified Opportunity Zone which provides developers with additional tax incentives.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Multifamily
Total Lot Size 1.01 AC
Opportunity Zone Yes

1 Lot Available

Lot

Lot Size 1.01 AC

Flushing 350,000+ Buildable SF Shovel-Ready Development Site

Description

The Property is located at the intersection of Main Street and Northern Boulevard providing ample exposure with over 50,000 annual average daily traffic (AADT) and 160 feet of frontage on Northern Blvd - great assets for future retail tenants. It is a short walk to the 7 subway train & Long Island Railroad at Roosevelt Ave and Main Street, and an easy commute to NYC via the Van Wyck Expressway ramp on Northern Boulevard with convenient access to the Grand Central Parkway, Long Island Expressway and numerous bridges.

Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (100)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04958-0038
Land Assessment
$3,403,260
Improvements Assessment
$780,562
Total Assessment
$4,183,822

zoning

Zoning Code C2-2 (R6) (Retail Commercial mixed use)
C2-2 (R6) (Retail Commercial mixed use)
  • Listing ID: 32199906

  • Date on Market: 6/20/2024

  • Last Updated:

  • Address: 13535 Northern Blvd, Flushing, NY 11354

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