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3926 30th St
Long Island City, NY 11101
Prime LIC Site for 99-Year Ground Lease · Land For Sale
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0.17 AC
Investment Highlights
- Great Location! At the E F M N R W 7
- Qualified Opportunity Zone
- 5.00 FAR Residential or Commercial / Hotel
Property Facts
| Property Type | Land | Total Lot Size | 0.17 AC |
| Property Subtype | Commercial | No. Stories | 11 |
| Zoning | M1-3/R7X, LIC | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.17 AC |
| No. Stories | 11 |
| Zoning | M1-3/R7X, LIC |
Description
Greiner-Maltz is pleased to offer for a 99-year ground lease, a 7,500 SF lot with a 7,400 SF one-story factory in prime Long Island City. The asking rent is $450,000 per annum plus a 1.5M upfront payment at lease signing. The upfront payment will be structured as a 467 rental agreement. Located in the LIC Core Neighborhood and Dutch Kills Subdistrict, it is within an Inclusionary Housing designated area. Several nearby developments, new residential towers, and several hotels. This property is ideal for development for mixed-use or hotel. Site benefits from being in a qualified opportunity zone.
Property Taxes
| Parcel Number | 00399-0031 | Improvements Assessment | $4,272,750 |
| Land Assessment | $310,500 | Total Assessment | $4,583,250 |
Property Taxes
Parcel Number
00399-0031
Land Assessment
$310,500
Improvements Assessment
$4,272,750
Total Assessment
$4,583,250
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