50-08 & 50-14 111th Street, Queens, NY consists of two adjacent development parcels located mid-block along the highly desirable 111th Street corridor in Corona, Queens. Each lot measures 50′ x 100′ (5,000 SF), providing a combined site area of 10,000 square feet with an impressive 100 feet of frontage.
The property is zoned R6B, allowing for approximately 20,000 square feet of as-of-right development, with the potential to increase to approximately 24,000 square feet through the inclusion of an affordable housing component. This presents an exceptional opportunity for multifamily development in one of Queens’ most active growth corridors.
Ideally situated directly across from Flushing Meadows–Corona Park, the property offers convenient access to major transportation routes and is within close proximity to Citi Field, Arthur Ashe Stadium, the proposed Metropolitan Park casino development, Downtown Flushing, LaGuardia Airport, the Willets Point transportation hub, and numerous retail, dining, and entertainment destinations.
All information furnished here is deemed reliable, however it is submitted subject to errors, omissions, change of terms and conditions, prior sale or withdrawal without notice. We do not represent or guarantee the accuracy of any information contained herein and we are not liable for any reliance there on. Thus any prospective purchaser should independently verify all items deemed relevance to its due diligence enquiry with respect to the property, notwithstanding that the sender believes information be true and/or reasonable.
Premier 111th Street Corona Development Opportunity
