Home Depot moves forward with plans for 133K-sf store in Queens

Store will be at 59-02 Borden Avenue, which the retailer bought for $63M

TRD New York /
Jan.January 31, 2019 06:02 PM

59-02 Borden Avenue in Queens (Credit: Pinnacle Realty)

A Home Depot spanning 133,247 square feet is on its way to Queens.

The company pre-filed plans for the store with the Department of Buildings on Wednesday at 59-02 Borden Avenue in Maspeth. The site is the current home of a Coca-Cola bottling plant, and Home Depot purchased it in 2017 for $63 million.

Coca-Cola’s triple-net-lease at the 7.3-acre property expires in March 2020.

Scott Rechler’s RXR Realty is also planning a major project in Maspeth at 54-15,  gr55-15 and 56-19 Grand Avenue, where the company intends to build a four-story warehouse spanning up to 770,000 square feet. And Andrew Chung’s Innovo Property Group went under contract over the summer to buy a warehouse at 58-30 Grand Avenue for about $40 million.


Related Articles

arrow_forward_ios
250th Issue

The Real Deal celebrates 250 issues

Ex-Barneys CEO Daniella Vitale (Credit: Getty Images, Google Maps)

Barneys’ lights still on, but workers left in dark

From left: Publisher and founder Amir Korangy, Editor-in-chief Stuart Elliott and VP of Corporate Development Yoav Barilan

TRD’s founders share war stories from over the years

Neir’s Tavern (Credit: Google Maps)

City’s oldest bar, of “Goodfellas” fame, gets last-minute lifeline

Neir's Tavern (Credit: Google Maps)

Landlord to bar owner: You don’t have to go home but you can’t stay here

Faith Hope Consolo (Credit: Getty Images, iStock)

The real story behind Faith Hope Consolo’s glamorous life

Bed Bath & Beyond (Credit: Getty Images)

Bed Bath & Beyond is selling its real estate to private equity

729 Seventh Avenue (Credit: Google Maps)

Lawyer argued façade was safe 3 months before fatal accident

arrow_forward_ios
Loading...