103,661 sf College Point Land - Bankruptcy Sale
Description
DY Realty Group has been retained on an exclusive basis to handle the bankruptcy sale of three parcels of industrial land on 130th Street in the College Point section of Queens, NY. All parcels are being sold together as one sale.
The offering consists of a total of 103,661 sf of M2-1 zoned industrial land. Located within the College Point Industrial Park, this offering presents an opportunity for a user or investor to acquire one of the few large industrial land sites left in the area.
The property is located just a half mile from the Whitestone Expressway, 2 miles from the Whitestone Bridge, and 3 miles to the Long Island Expressway (I-495), allowing for excellent access to all boroughs of NYC.
Documents
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Sq Ft
Financials
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Area Profile
Northeast Queens (College Point, Flushing, Corona)
Northeastern Queens, namely communities such as College Point, Flushing, and Corona, has some notable industrial areas that contribute to the local economy and infrastructure. These areas are predominantly known for their commercial activities, but they also have industrial zones primarily focused on light manufacturing, warehousing, and distribution. The area has seen a tremendous development boom spurred by residential and commercial growth in Downtown Flushing as well as the rezoning of Willets Point.
The area benefits from proximity to major transportation routes such as the Long Island Expressway (I-495) and Whitestone Expressway (I-678), facilitating logistics and transportation for businesses.
Zoning
M2-1 Zone
M-zones are designed to accommodate a variety of industrial and manufacturing activities, including heavy and light manufacturing, warehousing, distribution centers, and storage facilities. These areas are regulated by zoning laws to ensure compatibility with surrounding neighborhoods and to manage issues such as noise, traffic, and environmental impacts.
Typical Uses
Typical uses include warehousing and storage, transportation facilities, utility services, construction related services, heavy repair, auto uses, etc.
