You are reading

Two Speedway Gas Station Sites on LIC, Sunnyside Border Up For Sale in $45.5 Million Package

A Speedway location Queens Boulevard, one of two Speedway properties for sale (Google Maps)

Feb. 12, 2018 By Nathaly Pesantez

Two properties on the Long Island City/Sunnyside border currently occupied by Speedway gas stations and convenience stores are up for sale in a $45.5 million package sales agents are marketing as major development sites.

The sale of the properties, 39-02 Queens Blvd. and 39-04 Northern Blvd., is being managed by Eastern Consolidated, the real estate brokerage based in Manhattan.

The Queens Boulevard property features over 20,000 square feet of land area, and is within an M1-4 zoning district, meaning a developer can bring a commercial, manufacturing, or community facility there. A community facility would allow for the developer to build higher on the land, however.

Speedway at 39-04 Northern Blvd. (Google Maps)

The Northern Boulevard location is just under 40,000 square feet, and can also see a commercial, manufacturing, or community facility on site.

Eastern Consolidated notes that the two properties are on major thoroughfares on opposite sides of Sunnyside Yards and at walking distance from subway stations.

The brokerage’s deadline to bid on either the package or an individual Speedway property was on Jan. 26.

The managing directors in charge of the properties said they are unable to comment on how many bids were received and on when they expect to announce the selected bidder.

Speedway did not respond to a request for comment by press time.

The two gas stations were once under the ownership of Hess, until Speedway acquired the company’s retail operations in 2014 and rebranded their sites.

email the author: [email protected]

11 Comments

Click for Comments 
Patret

The Queens Blvd site would have a good choice for the new middle school. It has easy access to the 7 line and more parking availability. Maybe staff members could get some designated spots under the El. The City just recently purchased the property on 48th street. Timing is everything. Hmmm.

1
3
Reply
Sarah

LOL! Leave your pickup truck home on its cinder blocks and use the subway like the rest of us, y’all

2
10
Reply
MRLIC

Anon, I agree with you. There is a anti-car movement going on in NYC. You will run out of gas before you find a station soon.There is one by MOMA PS1. I don’ know if it will be there long because there was false advertising with a Luxury Building going up aross the street at 21st. In their rendition of the building in their advertising the GAS station was not there. It was a PARK. What BS they throw prospective tenants.

14
1
Reply
LICer

although it could be said anyone ever that buys/rents in any building anywhere (other than foreign buyers hiding their money) without doing their due diligence and going in person to scout out the neighborhood is a moron.

2
1
Reply
Anon

I guess the people who drive don’t need to get gas anywhere? Yes, there are stations on Queens Boulevard, but this is ridiculous. It’s turning into Manhattan, where you’ll run out of gas before you find an actual gas station anywhere. (Let’s not get into the debate about how cars don’t belong in NYC)

20
6
Reply

Leave a Comment
Reply to this Comment

All comments are subject to moderation before being posted.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Recent News

Gunman who fired shots at the Ravenswood Houses in Long Island City remains at large: NYPD

Police from the 114th Precinct in Astoria and PSA 9 are continuing their search for a gunman who allegedly opened fire at the Ravenswood Houses in Long Island City last month.

The incident occurred during the early morning hours of Wednesday, Jan. 18, when officers responded to a 911 call and a ShotSpotter activation for multiple shots fired at 21-25 35 Ave. at the Ravenswood Houses NYCHA complex just after 2 a.m., according to authorities.

Popular places where you can watch the Super Bowl in Queens

Feb. 2, 2023 By Tammy Scileppi

Hey, football fans! Game time is fast approaching, and across the city and here in Queens, you can feel the excitement brewing as the two teams prepare to take the field on Super Bowl Sunday, Feb. 12. So, kick back and watch the big game, and don’t miss Rihanna’s exciting performance during halftime. 

Borough president hears from community members on budget needs throughout Queens

During a two-day public hearing on the mayor’s 2024 preliminary budget, Queens Borough President Donovan Richards Jr. listened to testimonies from 14 community board representatives, community stakeholders and members of the public on where the money should be spent in Queens. 

The public hearings were held both in-person and via Zoom on Monday, Jan. 30, and Tuesday, Jan. 31, at Queens Borough Hall. The testimonials will be used to develop the Queens Borough Board’s FY24 preliminary budget priorities in the coming weeks. 

‘He didn’t deserve to die’: Borough President Richards leads emotional candlelight vigil for Tyre Nichols

Queens Borough President Donovan Richards held a candlelight vigil for Tyre Nichols outside Queens Borough Hall Monday, Jan. 30 after Nichols’ death at the hands of police officers in Memphis, Tenn., made national headlines for the brutality in which the officers beat him.

Almost immediately after news broke about Nichols’ death, the Memphis police officers who beat him to death were fired and charged with murder. The police department released the body cam footage of the fatal beating on Jan. 27, but many people, including some at the vigil, have refused to watch it due to its extremely graphic nature.

Long Island City teen sentenced in fatal shooting of ‘beloved’ school teacher at Queensbridge Houses in 2020: DA

A Long Island City man on Friday, Jan. 28, was sentenced to 19 years in prison for the 2020 fatal shooting of a public school social studies teacher who was out walking his dog when he was caught in the crossfire during a confrontation between gang rivals in broad daylight, just blocks from his home, according to Queens District Attorney’s office.

Ike Ford, 19, of 12th Street, in Long Island City, pleaded guilty to manslaughter in the first degree before Queens Supreme Court Justice Kenneth Holder. The teacher, George Rosa, 53, was shot in his abdomen by a stray bullet fired by Ford, who was just 17 years old at the time of the shooting but was sentenced as an adult given the severity of the crime, according to Queens District Attorney Melinda Katz.