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Little Neck Development Site Comes to Market
Cushman & Wakefield has been retained to arrange the sale of 54-27 Little Neck Parkway, a 1.5-acre development site with 68,829 buildable square feet in Little Neck, Queens. The firm is taking offers for the property.
A team led by senior managing director Stephen R. Preuss, and also including Denise Prevete, Kevin Louie, Andreas Efthymiou and Kevin Schmitz, will represent the seller, Temple Torah Little Neck, in all marketing efforts.
“The property offers us a great opportunity to develop in a highly sought-after neighborhood in Northern Queens,” said Preuss. “The site is an ideal location for several uses, including an educational facility, single-family homes and medical facilities.”
The property allows up to 34,415 buildable square feet for residential development, or 68,829 buildable square feet with a community facility bonus. Ownership is proposing an approximate 10,000-square-foot build-back for religious use to be included in the potential development.
For comments, questions or concerns, please contact Paul Bubny
- ◦Development
- ◦Sale/Acquisition
