Active
41-41 24th Street
Long Island City NY, 11101
$7,502,000
$3,000.80 per sqft
Active
0.06 Acres
Land
Shovel-ready development site for sale at 41-41 24th Street, Long Island City, offering a prime investment opportunity in one of NYC's fastest-growing neighborhoods. This 2,500 square foot lot comes with 25,009 gross buildable square feet and approved plans for a 13-story mid-rise elevator building. The plans include 24 one-bedroom units, each measuring 623 square feet, with two units per floor. The building will feature a ground-floor gym, a welcoming lobby, a basement for controls and mechanics, and a private rooftop lounge for residents. With a Floor Area Ratio (FAR) of 7.90 and M1-5/R9 zoning, this site allows for high-density residential development alongside light manufacturing or commercial uses. This makes it ideal for mixed-use projects that combine modern living spaces with office or retail components, catering to the area's evolving residential and business demands. Located in Long Island City, the property benefits from excellent transit access, with subway lines, shops, and cultural venues nearby. This development is poised to attract young professionals and businesses looking to capitalize on the vibrant, mixed-use environment that defines this thriving urban hub. A unique opportunity for developers seeking to contribute to the growth of Long Island City.
3585759
MLSⓇ ID
October 17, 2024
Listed
November 7, 2024
Updated
Map
41-41 24th Street
Long Island City NY, 11101
Exterior/Building Features
Lot Size
0.06 Acres
Lot Features
Cleared
Sewer
Public Sewer
School Information
School District
Queens 30
High School
Long Island City High School
Other Property Details
Taxes
$42,936
Tax Frequency
Annually
Garage
No
View
Yes
View Description
Bridge(s), City, Park/Greenbelt, Panoramic, Skyline, Other
County
Queens
Municipality
Queens
Water Source
Public
Pool
No
Listed by Nicholas Evangelista Giuseppe Gregorio with NY Space Finders Inc
Listing Contact: 516-801-6181
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Nelson Aybar shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 2:56 PM UTC, 11/7/2024