Mixed-Use

8153-8169 Lefferts Boulevard Queens

81-53 Lefferts Blvd, Queens, NY 11415

Listing Price: $14,000,000

Cap Rate
3.32%
Number of Units
19
Price/Unit
$736,842
Price/Gross SF
$496.89
Gross SF
28,175

Investment Overview

Marcus & Millichap is pleased to offer 8153-8169 Lefferts Blvd. The property encompasses the entire block from Cuthbert Rd to Beverly Rd in the Kew Gardens, section of Queens, NY. The subject property consists of multiple buildings. Twelve one-story retail units that span 191 feet of frontage on Lefferts Boulevard, nine four-bedroom apartments in a series of three-story frame multifamily buildings behind the retail and six garage structures with a total of 9 parking spaces and 15 outdoor parking spaces. The property sits on an irregular lot totaling approximately 28,000 gross square feet and is zoned R6B/C1-3 allowing for approximately 12,500 square feet of additional air rights (Block: 3333, Lots: 1, 2, 3). This property offers developers and investors the rare opportunity to purchase a large foot print with 191 feet of retail frontage, nine apartments, onsite parking and available air rights in the Kew Gardens section of Queens, New York.

Investment Highlights

  • Rare Lefferts Blvd Mixed Use Opportunity
  • Two Blocks to Kew Gardens LIRR Station | Six Blocks to "J" "Z" "E" and "F" Subway Station
  • 191 Feet of Frontage on Lefferts Boulevard
  • R6B/C1-3 Zoning Allowing for Approximately 13,000 SF Available Air Rights
  • Located in the Heart of Kew Gardens
  • Mix of National and Local Retail Tenants
  • Nine Four Bedroom Apartments
  • Well Maintained Buildings | Long Term Ownership

Exclusively Listed By

Mixed-Use

8153-8169 Lefferts Boulevard Queens

Listing Price: $14,000,000

Cap Rate
3.32%
Number of Units
19
Price/Unit
$736,842
Price/Gross SF
$496.89
Gross SF
28,175

Investment Highlights

  • Rare Lefferts Blvd Mixed Use Opportunity
  • Two Blocks to Kew Gardens LIRR Station | Six Blocks to "J" "Z" "E" and "F" Subway Station
  • 191 Feet of Frontage on Lefferts Boulevard
  • R6B/C1-3 Zoning Allowing for Approximately 13,000 SF Available Air Rights
  • Located in the Heart of Kew Gardens
  • Mix of National and Local Retail Tenants
  • Nine Four Bedroom Apartments
  • Well Maintained Buildings | Long Term Ownership

Investment Overview

Marcus & Millichap is pleased to offer 8153-8169 Lefferts Blvd. The property encompasses the entire block from Cuthbert Rd to Beverly Rd in the Kew Gardens, section of Queens, NY. The subject property consists of multiple buildings. Twelve one-story retail units that span 191 feet of frontage on Lefferts Boulevard, nine four-bedroom apartments in a series of three-story frame multifamily buildings behind the retail and six garage structures with a total of 9 parking spaces and 15 outdoor parking spaces. The property sits on an irregular lot totaling approximately 28,000 gross square feet and is zoned R6B/C1-3 allowing for approximately 12,500 square feet of additional air rights (Block: 3333, Lots: 1, 2, 3). This property offers developers and investors the rare opportunity to purchase a large foot print with 191 feet of retail frontage, nine apartments, onsite parking and available air rights in the Kew Gardens section of Queens, New York.

Exclusively Listed By

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