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Cell Towers
8721 87Th St, Queens, NY 11421
Site Overview
Site Name8721 87Th St, Queens, Ny 11421
Current InfrastructureMultifamily
SiteBid ID ##459715
Published DateMarch 9, 2024
Modified DateMay 4, 2025
Potential UsesCell Towers
Location
Address8721 87Th St
CityQueens
State / ProvinceNY
Zip Code11421
CountyQueens County
MSA / Metro AreaNew York-Newark-Jersey City, Ny-Nj-Pa
Elevation14.47 meters
ZoningR3-1
Property
Lot Size10,000 sq ft
Lot Depth100 ft
Lot Frontage100 ft
Building Area28,100 sq ft
Stories4.00
Buildings1.00
Total Units35.00
Residential Units35.00
Commercial Units0.00
Year Built1931
Year Renovated1931
8721 87Th St, Queens, Ny 11421
8721 87Th St, Queens, Ny 11421 is a 10000 sqft Multifamily property with a cell tower antenna structure. See the wireless lease estimate for this site and search for cell towers nearby.
Location Map
📍 40.692036, -73.856740
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Infrastructure investors are actively purchasing fee simple real estate, leases, and easements on properties with active utility leases from tier‑1 tenants (AT&T, Verizon, T‑Mobile, etc.). Depending on the lease terms, valuations can range from 16x–20x annual rent for lump‑sum payments and 18x–25x for structured payouts.
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