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39-17 24th St 6,850 SF Industrial Building Long Island City, NY 11101 $2,650,000 ($386.86/SF)

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Investment Highlights

M1-2/R5B/LIC zoning allows for residential, industrial or commercial uses.
Property being sold with approved plans in hand, and currently has electric, water and sewer services connected

Subway Location – 7, F, N, W – 5 minute walk

Executive Summary

Prime mixed use development site located in the Dutch Kills neighborhood of Long Island City. A perfect project for a live-work end user, or any developer looking to capitalize on the LIC development boom.

KB_39-17 24th Street_Long Island City NY 11101

Property Facts

Price	$2,650,000	Rentable Building Area	6,850 SF
Price Per SF	$386.86	No. Stories	3
Sale Type	Investment or Owner User	Year Built	1930
Sale Condition	Redevelopment Project	Tenancy	Single
Property Type	Industrial	Parking Ratio	0.27/1,000 SF
Property Subtype	Warehouse Flex Showroom General Retail Storefront Retail/Office Showroom	Clear Ceiling Height	16’
Building Class	C	No. Drive In / Grade-Level Doors	1
Lot Size	0.06 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	M1-2/R5B - M1-2/R5B district is a Mixed-Use District (often in Special Mixed-Use Districts or MX) combining light manufacturing (M1-2) with moderate-density residential (R5B). It allows for residential, commercial, and industrial uses in the same building or area.

Price	$2,650,000
Price Per SF	$386.86
Sale Type	Investment or Owner User
Sale Condition	Redevelopment Project
Property Type	Industrial
Property Subtype	Warehouse Flex Showroom General Retail Storefront Retail/Office Showroom
Building Class	C
Lot Size	0.06 AC
Rentable Building Area	6,850 SF
No. Stories	3
Year Built	1930
Tenancy	Single
Parking Ratio	0.27/1,000 SF
Clear Ceiling Height	16’
No. Drive In / Grade-Level Doors	1
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	M1-2/R5B - M1-2/R5B district is a Mixed-Use District (often in Special Mixed-Use Districts or MX) combining light manufacturing (M1-2) with moderate-density residential (R5B). It allows for residential, commercial, and industrial uses in the same building or area.

Heating - Gas

Major Tenants

NYC Concepts 2019 LLC
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Tenant	Industry	SF Occupied	Rent/SF			Lease End
NYC Concepts 2019 LLC	-	-	-			-

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Aerial
Map

39-17 24th St, Long Island City, NY - Aerial map view

Exceptionally walkable

100/100

Fairly drivable

50/100

Exceptional public transit

100/100

Moderately bikeable

70/100

Source: Local Logic^®

Property Taxes

Parcel Number	00395-0015	Improvements Assessment	$221,310
Land Assessment	$67,500	Total Assessment	$288,810

Property Taxes

Parcel Number

00395-0015

Land Assessment

$67,500

Improvements Assessment

$221,310

Total Assessment

$288,810

(516) 220-3273

Contact

Matthew Kaplon
Kaplon-Belo Real Estate LLC

Listing ID: 41026249
Date on Market: 6/23/2026
Last Updated:
Address: 39-17 24th St, Long Island City, NY 11101

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39-17 24th St

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