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41-16 29th St 3,500 SF Vacant Office Building Long Island City, NY 11101 For Sale
INVESTMENT HIGHLIGHTS
- 2,505 Sq. Ft. Plot
- Zoning M1-5/R7-3 LIC
- “As of Right” Universal Affordability Preference Development (UAP) 15,030 Buildable Sq. Ft. = 6.0 FAR
- Existing 3,500 Sq. Ft. 2-Story Building
- Residential FAR = 5.0 (12,525 Buildable Sq. Ft.)
- Delivered Vacant
EXECUTIVE SUMMARY
Residential Development Site for Sale - Exceptional Queens Plaza North Location.
12,525 Sq. Ft. - Buildable Steps to the 59th St./Queensboro Bridge & All Subways.
Pinnacle Realty of New York, LLC is pleased to announce that it has been appointed the exclusive agent to facilitate the sale of 41-16 29th Street, Long Island City, NY. This ideally located 12,525 Buildable Square foot site is steps from Queens Plaza, all subways and the 59th Street/Queensboro Bridge, minutes to Manhattan, with convenient access to major routes serving the boroughs of NYC and the tri-state Metropolitan area. This rare mixed use development site is located in an M1-5/R7-3, LIC zoning district that allows for 12,525 Sq. Ft. of as of right residential and commercial development. Nestled within an Opportunity zone, this site sits within the exploding landscape of Long Island City.
12,525 Sq. Ft. - Buildable Steps to the 59th St./Queensboro Bridge & All Subways.
Pinnacle Realty of New York, LLC is pleased to announce that it has been appointed the exclusive agent to facilitate the sale of 41-16 29th Street, Long Island City, NY. This ideally located 12,525 Buildable Square foot site is steps from Queens Plaza, all subways and the 59th Street/Queensboro Bridge, minutes to Manhattan, with convenient access to major routes serving the boroughs of NYC and the tri-state Metropolitan area. This rare mixed use development site is located in an M1-5/R7-3, LIC zoning district that allows for 12,525 Sq. Ft. of as of right residential and commercial development. Nestled within an Opportunity zone, this site sits within the exploding landscape of Long Island City.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Office
Property Subtype
Building Size
3,500 SF
Building Class
B
Year Built
1952
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,855 SF
Building FAR
1.40
Lot Size
0.06 AC
Opportunity Zone
Yes
Zoning
M1-5/R7 - FAR 5 - 12,525 Buildable Square Feet
“As of Right” Universal Affordability Preference Development (UAP) 15,030 Buildable Sq. Ft. = 6.0 FAR
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- On the Issues, Inc
- -
- -
- -
- Jan 2017
-
- Wholesaler
- -
- -
- -
Tractel® is a world leading safety specialist providing reliable, innovative and cost-effective working-at-height solutions and services. These solutions are used in many end-user applications, in particular in industrial, construction, energy, telecoms and infrastructure projects.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| On the Issues, Inc | - | - | - | Jan 2017 | ||
|
|
Wholesaler | - | - | - |
1 1
Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (86)
PROPERTY TAXES
| Parcel Number | 00417-0027 | Improvements Assessment | $59,786 CAD |
| Land Assessment | $79,296 CAD | Total Assessment | $139,082 CAD |
PROPERTY TAXES
Parcel Number
00417-0027
Land Assessment
$79,296 CAD
Improvements Assessment
$59,786 CAD
Total Assessment
$139,082 CAD
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41-16 29th St
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