Development Site Advisors Lists North Flushing Pool Club for Sale
Development Site Advisors (DSA) has been exclusively hired to market 141-01 32nd Avenue, an 0.83-acre property in the Flushing neighborhood of Queen. The property is the site of the long-established North Flushing Pool Club, which has been in existence here for over six decades.
Located on a block-through lot on 32nd Avenue and 31st Drive, between 140th and Union Streets and ablock off Parsons Boulevard, the property is situated in a Qualified Opportunity Zone, which allows Developers and investors various tax benefits and gains deferral strategies.
The approximately 36,296-square-foot block-through lot has a Floor to Area Ratio (FAR) of 2.0, making it a prime location for the development of a 72,592-square-foot, 45-foot-tall, four-story residential complex.
“This is a rare chance to acquire a sizable piece of land in the heart of Flushing, which is experiencing a surge in development and investment activity,” said Rubin Isak, co-founder of DSA.