Summary

189-02 37th Ave is a vacant lot located at the corner of 37th Avenue and Utopia Parkway in the Auburndale/Murray Hill sections of Flushing, New York 11358. This 23.05 ft x 107.68 ft (irregular), 2,982 sq ft lot is situated in an R5B zoning district, allowing for 4,206 sq ft of Residential ZFA or 5,964 sq ft of Facility ZFA. Its location and zoning make it an ideal candidate for a new multi-family home or a community facility building (medical, religious, school, or daycare). 

Problem

The lot’s irregular shape posed a challenge for many developers. Although the lot measures 23.05 ft x 107.68 ft, the frontage was closer to 17 ft, significantly below the 25 ft minimum frontage that most developers prefer. Additionally, the zoning district required parking and a 5 ft front yard, further complicating development.

Solution

No land is bad land. We demonstrated to potential developers how to leverage the lot's irregular shape to their advantage. By implementing a setback, a developer could provide two parking spaces with a 5 ft front yard while still maximizing the ZFA. Our strategic marketing approach identified a buyer who purchased the site as-is in an all-cash transaction, with a 30-day closing and no due diligence period.