144-61 Roosevelt Avenue (2025) — Sale in Flushing, NY

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Flushing, NY 11354
  • Size: 46,164 SF

Description

Jones Lang LaSalle (“JLL”) has been retained on an exclusive basis to arrange the sale of 144-61 Roosevelt Avenue (the “Site”), a ~222,000 BSF development opportunity in Flushing, Queens. The 46,164 SF block through lot is ideally situated between 38th Avenue and Roosevelt Avenue, only a 5-minute walk from Downtown Flushing. The Property is three (3) blocks from the Main Street Subway Station, providing unparalleled access to the 7 train and LIRR. 144-61 Roosevelt Avenue provides developers with an unmatched opportunity to build a residentially driven mixed use project at scale with outstanding access to transportation in a thriving sub-market. The Site is located within the favorable R6 zoning district which allows for residential and/or community facility as-of-right. Community facility zoning is prominent in Flushing, as it allows for a variety of non-residential uses such as non-profits, schools, and medical facilities, while also enabling mixed-use developments and facilitating a well-rounded neighborhood. 144-61 Roosevelt Avenue receives a maximum FAR of 4.8 for community facility, which translates to 221,587 BSF approximately. Alternatively, a mixed-use condominium development could utilize both the maximum base FAR for residential of 112,179 BSF coupled with the remaining 109,408 BSF of community facility at the base of the project.

Market Context

This commercial property in Flushing, NY is listed for sale across 46,164 SF. It has been on the market for 83 days. Compare it against other commercial property listings for sale in Flushing, NY — view the full market.

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