5427 Little Neck Pkwy
Little Neck, NY 11362

Cushman & Wakefield has been retained exclusively to arrange for the sale of 54-27 Little Neck Parkway, a rare opportunity to acquire a 1.5 acre development site in Little Neck, Queens. 54-27 Little Neck Parkway currently consists of an approximately 26,989 square foot religious building and school with on-site parking. The building will be delivered completely vacant with the exception of the existing school tenant, which is currently leasing on a month-to-month basis. The property allows up to 34,415 buildable square feet for as of right residential development, and up to 68,829 buildable square feet with community facility bonus. The site is an ideal location for a number of uses including an educational facility, single-family homes, and medical facilities. Ownership is proposing an approximate 10,000 square foot build-back for religious use to be included in the potential development. The Long Island Expressway is located less than a quarter-mile south, and the Q36 bus line is located just a few steps from the property providing a very convenient location for transportation. Additionally, Northern Boulevard is located about a half-mile north. This is a great opportunity to develop in a highly sought after neighborhood in Northern Queens. Inspections are by appointment only, please inquire within.