Bankruptcy Sale: 34-20 Linden Place, Queens

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Created date: August 8, 2023
Date last updated: November 13, 2023

Property Description

Northgate Real Estate Group is pleased to present the opportunity to purchase 34-20 Linden Place in a Chapter 11 bankruptcy sale. The retail/commercial asset is located in Flushing, Queens, New York. As a block-through property, the subject has an alternative address of 33-37 Farrington Street, Flushing New York. The 67,197 square foot building was built in 1966 and has been renovated throughout the years. There is a below-grade parking garage with a capacity of 105 vehicles that is not included in the rentable area figure. Current tenants include a restaurant, a karaoke lounge, an adult daycare facility and a small take-out restaurant. With a rezoning, there is a redevelopment opportunity. Bid Deadline: Tuesday, November 14th, 2023 at 5:00 PM Auction Date: Thursday, November 16th, 2023 at 1:00 PM Seeking Stalking Horse Bid Subject To Bankruptcy Court Approval

Key Property Information

Listing Status: Available
Listing Type: Auction
Multifamily type: Development Opportunity
Building Size: 67,197 Sq ft
Lot Size: 29,322.00 Sq ft
Zoning Code: M1-1
Opportunity Zone: No

Unit mix

Description No. of Units Sq ft. Avg. Monthly Rent

FINANCIAL DETAILS

Income/expense info: Actual

Additional contacts

Full name Phone number Email address
Chaya Milworn 9178047458 [email protected]

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