The Reel

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A blog for breaking sales and neighborhood real estate news.

A prime residential development site at 164-09/11 45th Avenue located in Flushing, Queens was sold in an all cash transaction valued at $425,000.

The property is vacant land with an approximate lot size of 4,100 square feet measuring 68 feet of frontage on 45th Avenue.. The lot is zoned R4-1 allowing for approximately 3,672 buildable square feet. The property benefits from its close proximity to Downtown Flushing, Flushing Hospital and major transportation. The sales price represented $115 per buildable square feet.

Neighborhoods: Flushing/ Agents: Stephen Preuss