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

October 17, 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 The Connelly Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 4:57 PM UTC, 10/17/2024

  

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