BY KATHERINE NERI
A Jewish temple and school in Little Neck has been listed for sale.
Cushman & Wakefield is handling the sale of 54-27 Little Neck Parkway. The property is 1.5-acres of a developmental site. The real estate firm is currently accepting offers for the location. The property is presently occupied by Temple Torah Little Neck – a synagogue and school that includes on-site parking spaces.
The real estate firm says the property proves to be a rare opportunity as a “development site,” with a total of 576 feet situated directly on Little Neck Parkway. The owners are requesting all proposals.
Temple Torah remains active in the community and holds regular religious services; the temple also offers a party venue and catering services.
It is located in a residential area less than a quarter-mile south of the Long Island Expressway, about half a mile south from Northern Boulevard – a major Queens roadway – and a few feet away from the Q36 bus line. The property allows for a larger development to be built than already exists under current zoning.
“54-27 Little Neck Parkway currently consists of an approximately 26,989 square foot religious building and school with on-site parking,” as noted in the press release issued by Cushman & Wakefield. “The building will be delivered completely vacant with the option to keep the existing school tenant, which is currently leasing on a month-to-month basis ($8,000/mo.). The property allows up to 34,415 buildable square feet for as of right residential development, and up to 68,829 buildable square feet with a community facility bonus. Ownership is proposing an approximate 10,000 square foot build-back for religious use to be included in the potential development.”
A team from Cushman & Wakefield, led by Senior Managing Director Stephen R. Preuss, with Director Denise Prevete, Associate Director Kevin Louie, Senior Associate Andreas Efthymiou and Senior Associate Kevin Schmitz, will represent Temple Torah Little Neck in all their further marketing advances.
“The property offer is a great opportunity to develop in a highly sought-after neighborhood in Northern Queens,” said Preuss. “The site is an ideal location for several uses including an educational facility, single-family homes and medical facilities.”