
Courtesy of: Alexandre Goulet, Landair Property Advisors, LLC, ag@landairnyc.com
$1,795,000
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Other
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$1,795,000
109-15 Sutphin Boulevard 109-15 Sutphin Boulevard is a premier corner development opportunity located in the rapidly evolving Jamaica submarket. Boasting a prominent 6, 282 SF corner lot with favorable 60' x 105' dimensions, this site is delivered completely vacant, offering developers a seamless, efficient "blank slate" to execute their vision without the added time or expense of demolition. Featuring a versatile split zoning designation (R5D, C2-3, R4-1), the site allows for a maximum usable floor area of 12, 564 buildable square feet (BSF). Crucially, this property allows for a 100% market-rate residential or mixed-use project with no affordable housing restrictions. Under the new Dwelling Unit Factor for R5D of 680, the maximum allowable density yields 18 buildable units. Residential parking requirements are completely waived under the City of Yes initiative, maximizing rentable/sellable square footage.
Courtesy of: Alexandre Goulet, Landair Property Advisors, LLC, ag@landairnyc.com
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