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Long Island City NY, 11101 $5,499,999

Office Commercial  

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Details ML#: 3517737  

  • Sale or Rent:Sale
  • Year Built: 1931
  • Taxes: $64,722
  • Status:Active

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., Building Size:9200

More Property Details

Property Features

Lot Sq Ft: 4890  

Financial

Taxes: $64,722  

Local Area Information

Zoning: M1-3/R7X   Block: 402   Lot: 10  

Listing Information provided courtesy of NY Space Finders Inc  718-440-8162
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