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Transaction SummarySaleDevelopment SiteDevelopment 2029

89-03 57th Ave (aka 89-31 Queens Blvd)

Elmhurst, Queens

89-03 57th Ave (aka 89-31 Queens Blvd)

Transaction Summary

This trophy asset, held under the same ownership for 87 years, represented an exceptionally rare acquisition opportunity in one of the borough’s most sought-after development corridors and was sold as a future development site.

Sale Price

$15M
LocationElmhurst, Queens
Full Address89-03 57th Ave (aka 89-31 Queens Blvd)
Transaction TypeClosed Sale
Property TypeDevelopment Site
Development Size96,500 SF
Development2029

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