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4141 24th Street
Long Island City, Queens, NY
$7,502,000 Price
- Bedrooms   - Baths
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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...

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.

Listing courtesy of Ny Space Finders Inc

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

New Listing
Long Island City, Queens, NY
Type: Townhouse
Price: $7,502,000
Re Tax: $42,936
Date Listed: 10/17/2024
Web ID: 3585759

Info & Amenities

Type: Land

Get to Know Long Island City

Long Island City (LIC), nestled along the East River in Queens, New York, offers a unique blend of industrial charm and modern living. Its stunning skyline views of Manhattan make it a sought-after destination for both residents and visitors. LIC boasts a thriving arts scene, with museums like MoMA PS1 and the Sculpture Center, making it a hub for creative minds. The neighborhood also offers a range of parks, waterfront promenades, and cultural events throughout the year.

More About Long Island City

Neighborhood Guide to Long Island City

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