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

42-53 27TH STREET
Long Island City, NY 11101
42-53/55 · Land For Sale · 0.28 AC

Investment Highlights

  • HUNTERS POINT
  • QUEENSBORO PLAZA
  • LONG ISLAND CITY

Property Facts

Property Type Land
Property Subtype Residential
Proposed Use
Apartment Units
  • Apartment Units - Condo
Total Lot Size 0.28 AC
Zoning M1-5/R7-3 - Light Industrial with option for office, retail, multifamily.

Description

Site Address: 42-53 27th Street, Long Island City, NY 11101 42-55 27th Street, Long Island City, NY 11101 Zoning Districts: M1-5/R7-3, LIC (Special Mixed Use District) 12,000 total Buildable SQ FT The district allows for a mixed use building. Potentially a commercial base and residential units above. Based on my review of the neighboring context, the new buildings range from 6 stories - 9 stories. I could see this development having the potential for 10-15 units. In order to provide a more accurate unit count, a full zoning and building code study must be performed.

  • Listing ID: 25118673

  • Date on Market: 2/24/2022

  • Last Updated:

  • Address: 42-53 27TH STREET, Long Island City, NY 11101

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