41-41 24th ST Active

Long Island City,NY 11101

$ 6875000

- Bed

0 Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID KEYL3585759

Originating Board onekey2

Rental Info No

Year Built 1930

Annual Tax Amount $42,936

Lot Size 2,613 Sqft

Acres 0.06

Lot Dimensions 25x100

Property Description

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.

Location

State NY

County Queens

Interior

Fireplace No

Exterior

View Bridge(s),City,Other,Panoramic,Park/Greenbelt,Skyline,Open

Private Pool No

Building

Lot Description Cleared

Sewer Public Sewer

Water Public

Schools

Middle Schools Is 204 Oliver W Holmes

High Schools Long Island City High School

School District Queens 30

Others

Special Listing Condition None

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