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39-49 29th St, Long Island 6,400 SF Specialty Building Offered at $2,600,000 in Long Island City, NY 11101
INVESTMENT HIGHLIGHTS
- Development Site(s) Totaling: 3200 Sq. Ft.
- Special Zoning: Dutch Kills Special Zoning allows for an additional 3200 Sq. Ft. of ground-floor commercial space
- Zoning: M1-2/R5D, LIC for a 6400 Sq. Ft. Residential Building
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
| Price | $2,600,000 | Building Class | B |
| Price Per SF | $406.25 | Lot Size | 0.07 AC |
| Sale Type | Investment or Owner User | Building Size | 6,400 SF |
| Sale Condition | Redevelopment Project | No. Stories | 2 |
| Property Type | Specialty | Year Built | 1942 |
| Property Subtype | Religious Facility | Opportunity Zone |
Yes
|
| Zoning | M1-2/R5D | ||
| Price | $2,600,000 |
| Price Per SF | $406.25 |
| Sale Type | Investment or Owner User |
| Sale Condition | Redevelopment Project |
| Property Type | Specialty |
| Property Subtype | Religious Facility |
| Building Class | B |
| Lot Size | 0.07 AC |
| Building Size | 6,400 SF |
| No. Stories | 2 |
| Year Built | 1942 |
| Opportunity Zone |
Yes |
| Zoning | M1-2/R5D |
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Walk Score®
Walker's Paradise (95)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (86)
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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39-49 29th St, Long Island
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