Property
Ownership: | Mixed Use |
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Type: | Mixed Use |
Bedrooms: | 16 BR |
Bathrooms: | 8 |
Area: | 7000 sq ft |
Lot Size: | 2780 sq ft |
FinancialsPrice: $7,450,000 Annual Taxes: $63,356
Price: | $7,450,000 |
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Annual Taxes: | $63,356 |
Description41-21 29th Street & 41-23 29th Street, Long Island City, NY 11101
Two contiguous buildings each with 4 free market apartments, all 2 bedroom/1 bathrooms and retail on the ground floor. There is currently one vacant apartment, the remaining 7 are month to month and the retail spaces are both vacant. The buildings have a combined 40 feet of frontage and 7,000 SF of rentable space.
Developers can seize the opportunity for the as of right, 10X FAR allowing a maximum of 27,800 SF. The owners had a zoning analysis completed in January of 2024 that we are happy to share with buyers.
The location is located in a prime LIC location being one train stop from the city and walking different to 5 different train lines. Tons of food, shopping and night life have been calling the area home and continues to add more.
Exposures- West
Neighborhood
41-21 29th Street & 41-23 29th Street, Long Island City, NY 11101
Two contiguous buildings each with 4 free market apartments, all 2 bedroom/1 bathrooms and retail on the ground floor. There is currently one vacant apartment, the remaining 7 are month to month and the retail spaces are both vacant. The buildings have a combined 40 feet of frontage and 7,000 SF of rentable space.
Developers can seize the opportunity for the as of right, 10X FAR allowing a maximum of 27,800 SF. The owners had a zoning analysis completed in January of 2024 that we are happy to share with buyers.
The location is located in a prime LIC location being one train stop from the city and walking different to 5 different train lines. Tons of food, shopping and night life have been calling the area home and continues to add more.
- West
Neighborhood
Two Mixed Use Buildings / Prime LIC Development Site for Sale
Description41-21 29th Street & 41-23 29th Street, Long Island City, NY 11101
Two contiguous buildings each with 4 free market apartments, all 2 bedroom/1 bathrooms and retail on the ground floor. There is currently one vacant apartment, the remaining 7 are month to month and the retail spaces are both vacant. The buildings have a combined 40 feet of frontage and 7,000 SF of rentable space.
Developers can seize the opportunity for the as of right, 10X FAR allowing a maximum of 27,800 SF. The owners had a zoning analysis completed in January of 2024 that we are happy to share with buyers.
The location is located in a prime LIC location being one train stop from the city and walking different to 5 different train lines. Tons of food, shopping and night life have been calling the area home and continues to add more.
Exposures
- West
Neighborhood
41-21 29th Street & 41-23 29th Street, Long Island City, NY 11101
Two contiguous buildings each with 4 free market apartments, all 2 bedroom/1 bathrooms and retail on the ground floor. There is currently one vacant apartment, the remaining 7 are month to month and the retail spaces are both vacant. The buildings have a combined 40 feet of frontage and 7,000 SF of rentable space.
Developers can seize the opportunity for the as of right, 10X FAR allowing a maximum of 27,800 SF. The owners had a zoning analysis completed in January of 2024 that we are happy to share with buyers.
The location is located in a prime LIC location being one train stop from the city and walking different to 5 different train lines. Tons of food, shopping and night life have been calling the area home and continues to add more.
- West
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.