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39-49 29th St
Long Island City, NY 11101
Land For Sale
·
0.07 AC
INVESTMENT HIGHLIGHTS
- Prime corner lot in Dutch Kills Special District.
- Favorable zoning allows residential and commercial space.
- Excellent visibility with 39 feet of street frontage.
- 9,600 buildable sq. ft. for mixed-use development.
- Delivered vacant for maximum redevelopment flexibility.
- Development Site(s) Totaling: 3200 Sq. Ft.
EXECUTIVE SUMMARY
Landair Property Advisors is pleased to present an exceptional development opportunity located at 39–49 29th Street, Long Island City, NY 11101. This prime corner-site offering totals 3,200 sq. ft. with lot dimensions of 39 ft x 101 ft. The property is zoned M1-2/R5D, LIC within the Dutch Kills Special District, allowing for a 6,400 sq. ft. residential development plus an additional 3,200 sq. ft. of ground-floor commercial space—a valuable advantage provided by the special zoning regulations. Currently improved by a 2,931 sq. ft. building, the site will be delivered vacant, offering maximum flexibility for redevelopment. The Dutch Kills market remains stable and increasingly attractive to developers, supported by steady demand for residential product and growing interest in mixed-use projects in the area.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $2,600,000 | Lot Size | 0.07 AC |
| Price Per AC | $37,142,857.14 |
| Price | $2,600,000 |
| Price Per AC | $37,142,857.14 |
| Lot Size | 0.07 AC |
This prime corner-site offering totals 3,200 sq. ft. with lot dimensions of 39 ft x 101 ft.
DESCRIPTION
Delivered vacant, the existing 2,931 sq. ft. structure offers flexibility for redevelopment. Dutch Kills continues to attract developers and investors with its proximity to Manhattan, robust transit connectivity, and growing demand for residential and mixed-use projects. The neighborhood benefits from easy access to major thoroughfares, subway lines, and a thriving local community, making this site ideal for a boutique residential building with retail or amenity space.
PROPERTY TAXES
| Parcel Number | 00399-0001 | Improvements Assessment | $174,060 |
| Land Assessment | $86,400 | Total Assessment | $260,460 |
PROPERTY TAXES
Parcel Number
00399-0001
Land Assessment
$86,400
Improvements Assessment
$174,060
Total Assessment
$260,460
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