Presentation title
41-05 29th STREET LONG ISLAND CITY, NY DEVELOPMENT SITE 27,000 BUILDABLE SQUARE FEET FOR SALE
Asking Price: $5,700,000 or $211/BSF The subject property consists of one tax lot that spans 2,250 square feet (approx.). The property is located within close proximity of Queens Plaza. The property is situated within multiple zoning districts (M1-6/R10/LIC) and features a total development potential of approximately 27,000 buildable square feet, as of right, posing a prime development opportunity in the heart of Long Island City. The favorable zoning and the unique location make this a very desirable development site in Long Island City.
Building Features Address Range:
41-05 29th Street
Location:
The property is located on the corner of 29th Street and 41st Avenue just North of Queens Plaza.
Block / Lot:
418/19
Lot Dimensions:
75’ x 51’
Building Dimensions:
75’ x 51’
Stories:
2
Zoning:
M1-6/R10/LIC
Residential FAR:
12.0
Lot SF:
2,250
Total Buildable SF:
27,000
Minus Existing Structure:
2,600
Available Air Rights:
24,400
Assessment (15/16):
$249,000
Taxes (15/16):
$11,875
For More Information, Please Contact: David Chkheidze Director (718) 512 2620 [email protected]
Conrad Martin Senior Associate (718) 512 2625 [email protected]
Andreas Efthymiou Junior Analyst (718) 512 2621 [email protected]
Cushman & Wakefield 118-35 Queens Boulevard Queens, NY, 11375 phone: +1 718 275 3400 nyinvestmentsales.com
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, Cushman & wakefield copyright 2015. or Noother warranty or representation, express or implied, made thespecial accuracy or completeness of the information containedowner(s). herein, andAs same is submitted to errors, omissions,as change price, omissions, change of price, rental conditions, withdrawal without notice,isand to to any listing conditions imposed by the property applicable, we subject make no representation to theofcondition rental other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question. of theorproperty (or properties) in question.
41-05 29th STREET LONG ISLAND CITY, NY
From Left to Right: 24-12 42nd Road, QLIC at 41-42 24TH Street, 41-21 28th Street, LIC Marriot Hotel and Residences, QE7 at 2926 Northern Boulevard For More Information, Please Contact: David Chkheidze Director (718) 512 2620 [email protected]
Conrad Martin Senior Associate (718) 512 2625 [email protected]
Andreas Efthymiou Junior Analyst (718) 512 2621 [email protected]
Cushman & Wakefield 118-35 Queens Boulevard Queens, NY, 11375 phone: +1 718 275 3400 nyinvestmentsales.com
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question. of the property (or properties) in question.
Asking Price: $5,700,000 or $211/BSF The subject property consists of one tax lot that spans 2,250 square feet (approx.). The property is located within close proximity of Queens Plaza. The property is situated within multiple zoning districts (M1-6/R10/LIC) and features a total development potential of approximately 27,000 buildable square feet, as of right, posing a prime development opportunity in the heart of Long Island City. The favorable zoning and the unique location make this a very desirable development site in Long Island City.
Building Features Address Range:
41-05 29th Street
Location:
The property is located on the corner of 29th Street and 41st Avenue just North of Queens Plaza.
Block / Lot:
418/19
Lot Dimensions:
75’ x 51’
Building Dimensions:
75’ x 51’
Stories:
2
Zoning:
M1-6/R10/LIC
Residential FAR:
12.0
Lot SF:
2,250
Total Buildable SF:
27,000
Minus Existing Structure:
2,600
Available Air Rights:
24,400
Assessment (15/16):
$249,000
Taxes (15/16):
$11,875
For More Information, Please Contact: David Chkheidze Director (718) 512 2620 [email protected]
Conrad Martin Senior Associate (718) 512 2625 [email protected]
Andreas Efthymiou Junior Analyst (718) 512 2621 [email protected]
Cushman & Wakefield 118-35 Queens Boulevard Queens, NY, 11375 phone: +1 718 275 3400 nyinvestmentsales.com
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, Cushman & wakefield copyright 2015. or Noother warranty or representation, express or implied, made thespecial accuracy or completeness of the information containedowner(s). herein, andAs same is submitted to errors, omissions,as change price, omissions, change of price, rental conditions, withdrawal without notice,isand to to any listing conditions imposed by the property applicable, we subject make no representation to theofcondition rental other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question. of theorproperty (or properties) in question.
41-05 29th STREET LONG ISLAND CITY, NY
From Left to Right: 24-12 42nd Road, QLIC at 41-42 24TH Street, 41-21 28th Street, LIC Marriot Hotel and Residences, QE7 at 2926 Northern Boulevard For More Information, Please Contact: David Chkheidze Director (718) 512 2620 [email protected]
Conrad Martin Senior Associate (718) 512 2625 [email protected]
Andreas Efthymiou Junior Analyst (718) 512 2621 [email protected]
Cushman & Wakefield 118-35 Queens Boulevard Queens, NY, 11375 phone: +1 718 275 3400 nyinvestmentsales.com
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question. of the property (or properties) in question.
