Property Description for 127-43 Willets Point Blvd
This Queens commercial property lies centrally located within a prime developer's haven. This semi-underdeveloped property is located a block away from Citifield and downtown Flushing; and is located only minutes away from The Marina and The Famous World's Fair. Spanning .92 acres, this land currently houses an operational auto salvage facility holding 26 containers of engines, transmissions and assorted automotive parts. If interested, this business is available as a package investment along with the property. The available business includes 3 forklifts, 1 bobcat and over 100 industrial steel racks for storage. The land as well may also be delivered vacant. This parcel of land has a zoning code of C4-4/WP.-R7 and provides a triple exposure/ 2 corner property. This land of 40,300 square feet allows an industrial usage 3.5 FAR equaling approx. 137,000 buildable square footage; as well as allowing a community facility usage 6.5 FAR equaling approx. 262,000 buildable square footage. This also includes residential development R7 good for user or developer. This prime high-traffic location is in close proximity to the MTA/buses/subway trains and LIRR. In most occasions, commercial sales have to be managed with the utmost and strictest confidentiality to protect all parties involved; legally bound to silence via confidentiality, non-disclosure and noncircumvent agreements. This prime location provides excellent opportunities for developers looking to benefit in a growing neighborhood, while also having tremendous income potential. Please have written LOI/ soft POF is acceptable, but upon acceptance POF and a hard deposit will be expected within a reasonable timeframe.