Kalmon Dolgin Affiliates, Inc. (KDA) has arranged the $3 million sale of a 15,000-square-foot development site at 113-02/10 Atlantic Avenue in the Richmond Hill section of Queens, NY. KDA co-presidents Neil Dolgin and Kalmon Dolgin made the announcement.
KDA brokers Dmitri Gourianov and Neil Firtle represented the seller, James Messineo, and the buyer, a local construction and development company LK and Zoria LLC.
The 15,000 SF development site includes a 2,000 SF building. The lot’s former life was as a used car sales lot. The buyer, LK and Zoria LLC, plans to build a mixed-use development with retail, commercial space, and residential units. The property at 113-02/10 Atlantic Avenue has frontage on two streets, with 160 feet of frontage on Atlantic Avenue, and is zoned C2-3/R6A.
The development site sits on Atlantic Avenue between 113 and 114th streets in Richmond Hill.
Transportation options include the Q10, Q24 and Q37 bus routes, the Lefferts Boulevard A and 111 Street J trains, Jamaica Long Island Rail Road station, Van Wyck Expressway and Belt Parkway. Forest Park is a few blocks away.