38-24 32nd Street, Queens, NY 11101 United States

Overview

Development Type

Multifamily

Building Size

8,400 sqft

Lot Area

7,007 sqft

Zoning

M1-3/R7X

Buildable Area

34,200 sqft

Investment Strategy

Opportunistic

Offered by Broker

Dana Schneider

Real Estate Broker

Dreamspace Realty

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Description

Property in Bankruptcy Set for Auction . Please see outline of key dates along with investment highlights below.
.
1-4-24 Deadline to submit bids

1-5-24 at 5:00 pm Deadline to send bidders our conclusions as to their qualifications to bid

1-8-24 at noon Auction Sale

1-9-24 at 5:00 pm Deadline to object to Sale

1-10-24 at 11:00 am HEARING TO APPROVE SALE

Highlights

Mixed-use Development: 25,650 Residential SF | 8,550 Commercial SF
8,400 SF two-story existing warehouse
Free market residential FAR 3.75 or Inclusionary Housing FAR of 5.0
Located in a Qualified Opportunity Zone
One block from N, W trains at 39th Ave – Dutch Kills stop

Documents

	Title
	4-TankRemediationPlan_.pdf
	5-DECApprovalLetter.pdf
	Phase_1_-_Laurel.pdf

* Documents permissions are set by the listing owner, request information to access locked documents.

BANKRUPTCY SALE/ AUCTION- 2 Story Warehouse / LIC Development Site