This Hospitality Property is no longer advertised on LoopNet.com.

38-30 28th St
Long Island City, NY 11101
Extended Stay Apartments · Hospitality Property For Sale · 15,613 SF

Investment Highlights

  • Newly built, interior corridor, extended-stay hotel or apartment building located in the heart of Long Island City.
  • Strategic positioning with excellent accessibility, just 10 minutes from LaGuardia Airport in an incredibly pedestrian- and transit-friendly area.
  • This is a trophy asset in the Northwest Queens Submarket with sweeping views of Manhattan and the East River and significant upside potential.
  • (9) studio-style and (7) one-bedroom units, each with a kitchenette, hardwood floors, and outdoor spaces in the form of terraces or larger patios.
  • Well-positioned within a Qualified Opportunity Zone and approved for a 25-year Industrial Commercial Abatement Program tax abatement.

Property Facts

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 0.06 AC
Building Size 15,613 SF
No. Stories 8
Year Built 2019
Parking Ratio 0.13/1,000 SF
Corridor Interior
Zoning M1-2/R5B - Light industrial with offices, hotels, and most retail uses permitted

Amenities

  • Balcony
  • Business Center
  • Fitness Center
  • High Speed Internet Access
  • Patio
  • Boutique/Lifestyle Hotel
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

Property Taxes

Property Taxes

Parcel Number
00386-0027
Land Assessment
$110,250
Improvements Assessment
$640,804
Total Assessment
$751,054
  • Listing ID: 20946828

  • Date on Market: 9/14/2020

  • Last Updated:

  • Address: 38-30 28th St, Long Island City, NY 11101

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