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$ 4,000,000
Est. payment /mo
Price Dropped by $300K
139-43 Queens Blvd Briarwood, NY 11435
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 11588701
Annual Tax Amount $28,554
Tax Year 2025
Property Description
Unique development opportunity located in the Briarwood section of Queens, NY. Featuring over 200 feet of prime frontage along Queens Boulevard, this property represents one of the most exceptional sites available in the area. On October 29th 2025, the Jamaica Neighborhood Plan rezoning was officially APPROVED, upzoning the property to C4-4D (R8A). Under the new zoning, this site can now achieve a 7.20 Floor Area Ratio (FAR), allowing for approximately 43,200 residential buildable square feet-yielding up to 63 apartment units and up to 14 stories. In addition to the increased density, the property's inclusion within the Greater Transit Zone 2 removes all parking requirements, enhancing design flexibility and development efficiency. Recent Phase I and II environmental reports have returned favorable results, confirming the site's readiness for redevelopment. The property can be delivered vacant at closing, offering a clean and shovel-ready opportunity for forward-thinking developers and investors.
Location
State NY
County 36081
Rooms
Dining Room 0
Kitchen 0