Cushman & Wakefield has been retained on an exclusive basis to sell a development site at 78-06 Queens Boulevard. The property is located on the southeast corner of Queens Boulevard and Hillyer Street in the Elmhurst neighborhood of Queens. The asking price is $8,500,000.
Located within a C4-2 zoning district, the site holds approximately 49,335 buildable square feet and sits on a 80’ x 123’ irregular lot. The site has approved plans for a mixed-use hotel building to include 94 hotel rooms, 21 residential units, commercial space, and on-site parking.
This property is being exclusively marketed by Cushman & Wakefield’s Thomas A. Donovan, Tommy Lin, Eugene Kim and Robert Rappa.
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Neighborhoods: Elmhurst