NEW YORK CITY—Three parcels of vacant land—totaling approximately 15 acres in the Maspeth area of Queens—have come onto the market. Alan Cohen and Ben Waller of ABS Partners are marketing the properties, which when combined and with considerable air rights, could allow for a variety of commercial uses and development of up to 1.3 million square feet of space and are valued at about $100 per square foot.

“The opportunity for a buyer to control such a large piece of real estate so close to Manhattan does not come around very often,” says Cohen. “These sites are ideal for any type of distribution or logistics center that benefits from the scale and proximity to Manhattan. With a diminishing supply of warehouse space in Queens and Brooklyn, a buyer could utilize the million plus square feet of air rights to create a thriving manufacturing center.”

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