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8-acre triangular lot behind Hunters Point South development up for sale

Area in red showing the confines of 55-01 2nd Street (Google Maps)

Oct. 18, by Nathaly Pesantez

An eight-acre parcel of land located directly behind the city’s massive Hunters Point South development has gone on the market.

The sale of the lot, with an address of 55-01 2nd Street, is being handled by James Kuhn, president of the real estate brokerage firm Newmark Knight Frank, along with Jennifer Schwartzman and David Noonan, senior managing directors at the firm, according to the Post.

The triangular-shaped lot, which spans 326,000 square-feet, is bordered on the north by 54th Avenue and to the west by 2nd Street, and runs along a large stretch of the Newtown Creek waterfront to the south. The lot’s eastern parameter aligns with 5th Street one block away.

The site currently houses a 160,286 square-foot warehouse, whose tenants include City Harvest, the food donation distributor, and New Sensor, the wholesale electronics retailer.

Building records show that the owner of the lot had been the late H. Dieter Holterbosch, who founded Hans Holterbosch Inc., the U.S. importer of the German Lowenbrau beer. His daughter, Heidi Holterbosch, is also listed under recent building records for the site.

The property sits partly behind the Economic Development Corporation’s 30-acre Hunters Point South site, and is directly behind the ongoing phase two portion of the development, where two schools and 3,000 residential units will be built on four parcels.

The lot is designated under residential zoning, a district that allows for medium-density apartments with low building heights.

Newmark Knight Frank did not immediately respond to questions about the Long Island City site.

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10 Comments

Native New Yorker

I’m for it as long as the development site includes a public promenade along Newtown Creek in its plans.




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RobLIC

I am a native New Yorker from Brooklyn and we say Promenade all the time – as in the Brooklyn Promenade in Brooklyn Heights!
Are you really a native New Yorker or just another anonymous poser from the burbs?




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Anonymous

UGH- City Harvest does such good work throughout the city. It’s a shame they’ll probably have to relocate because someone will purchase this parcel and put up another unaffordable high rise.




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MRLIC

DumBlsio will probably Rezone the site to build higher as they will rubber stamp everything to get it done. Look at the towers increasing in size at Hunters Point South new development coming. LIC is going to be more overcrowded than ever. Where will these new tenants fit on transportation in LIC that is already at capacity????????????




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MRLIC

Lowenbrau also used to own a bowling alley in this building where I used to work nights–“Lowenbowl.” You got a free pint with every game. I started out there as a ball polisher and worked my way up to ashtray emptier. Those were some long shifts, time passed slower than when you’re reading one of brooklynmc’s comments.




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