Skip to main content

Mixed-Use

Dutch Kills LIC Development Site

38-20 27th St, Queens, NY 11101

Listing Price: $3,250,000

Lot Size
0.08 acres
Price/Acre
$39,357,798
Land Type
Land
Buildable Square Feet
10,791

Investment Overview

Marcus & Millichap has been retained exclusively to market for sale 38-20 27th Street, LIC, Queens, NY, a 3597 Square Feet development site located in high density special sub district of Dutch Kills. The M1-/R5B, LIC zoning allows for an up to FAR of 3 for certain uses listed in Groups 16A, 16D, 17A and 17B and photographic or motion picture production studios or radio and television stations listed in Use Group 10A. The zoning allows for 10,791 gross buildable square feet as of right. 38-20 27th Street is located within walking distance to the Queensboro Plaza, Queens Plaza and 21 street Queens Bridge stations that service the "F, N, W, E, M, R & 7" subway stations providing for an easy commute to Manhattan and Brooklyn. The subject property offers investors and developers the unique opportunity to purchase a development site in the heart of the rapidly growing Long Island City market and to capitalize on the area’s active and rising condominium and rental market.

Investment Highlights

  • The address, 38-20 27th Street, is Located within Walking Distance to the F, N, W, E, M, R & 7 Subway Stations
  • The Property also Benefits from Close Proximity to High-Traffic Retail Thoroughfares Including Steinway Street, Jackson Boulevard, 36th Avenue, 30th Avenue, and Broadway
  • The Location has Easy Access to Ed Koch Queensboro Bridge, Midtown Tunnel & I-495 Long Island Expressway

Exclusively Listed By

Financing By

Mixed-Use

Dutch Kills LIC Development Site

Listing Price: $3,250,000

Lot Size
0.08 acres
Price/Acre
$39,357,798
Land Type
Land
Buildable Square Feet
10,791

Investment Highlights

  • The address, 38-20 27th Street, is Located within Walking Distance to the F, N, W, E, M, R & 7 Subway Stations
  • The Property also Benefits from Close Proximity to High-Traffic Retail Thoroughfares Including Steinway Street, Jackson Boulevard, 36th Avenue, 30th Avenue, and Broadway
  • The Location has Easy Access to Ed Koch Queensboro Bridge, Midtown Tunnel & I-495 Long Island Expressway

Investment Overview

Marcus & Millichap has been retained exclusively to market for sale 38-20 27th Street, LIC, Queens, NY, a 3597 Square Feet development site located in high density special sub district of Dutch Kills. The M1-/R5B, LIC zoning allows for an up to FAR of 3 for certain uses listed in Groups 16A, 16D, 17A and 17B and photographic or motion picture production studios or radio and television stations listed in Use Group 10A. The zoning allows for 10,791 gross buildable square feet as of right. 38-20 27th Street is located within walking distance to the Queensboro Plaza, Queens Plaza and 21 street Queens Bridge stations that service the "F, N, W, E, M, R & 7" subway stations providing for an easy commute to Manhattan and Brooklyn. The subject property offers investors and developers the unique opportunity to purchase a development site in the heart of the rapidly growing Long Island City market and to capitalize on the area’s active and rising condominium and rental market.

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower