Introducing a Corner End User Value add property for sale, located in one the best exposed corner in the Dutch Kills subsection of Long Island City, NY With a lot ...


Property

Website:https://www.nestseekers.com/3271035
Address:
30-01 Northern Boulevard
Long Island City, NY 11101
Cross street:40th Rd.
Ownership: For Sale
Type: Commercial
Bedrooms: Studio
Lot Size: 4890 sq ft

Financials

Price: $5,998,888
Annual Taxes: $64,722

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Description

Introducing a Corner End User/Value add property for sale, located in one the best exposed corner in the Dutch Kills subsection of Long Island City, NY With a lot size encompassing an approximate area of 4,890 Sq. ft., the property features a two-story commercial property + usable basement covering 13,800 sq. ft. With a high load capacity and large freight elevator, this property is easily adapted for multiple uses. Boasting a M1-3/R7X zoning classification and favorable floor area ratio (FAR) ratios, this property offers a versatile foundation for potential development. Seize the opportunity provided by as-of-right allowances to explore a residential and commercial buildable area of 24,450 sq. ft. These generous FAR ratios open up exciting possibilities for residential, mixed-use, commercial, industrial and community facility development. The property's strategic corner positioning ensures excellent visibility and accessibility, attracting a substantial flow of traffic. Its proximity to various transportation options, including the E, M, N, R, W & 7 subway lines and extensive bus lines, further enhances its appeal. Featured Commercial Sales.

Contact

47-44 Vernon Blvd, Long Island City, NY 11101
Courtesy of NY Space Finders Inc