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920 38th Ave - 920 38th Ave, Long Island City, NY 11101 0.06 Acres of Commercial Land Offered at $4,300,000 in Long Island City, NY 11101

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INVESTMENT HIGHLIGHTS

HEAVY TRAFFIC
VERY GOOD PLANS/RENDERINGS DESIGN

GREAT EXPOSURE

EXECUTIVE SUMMARY

PRIME INVESTMENT OPPORTUNITY GREAT CORNER EXPOSURE

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access	ANNUAL	ANNUAL PER AC
Taxes	-	-
Operating Expenses	-	-
Total Expenses	$99,999	$9.99

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

Taxes
Annual	-
Annual Per AC	-

Operating Expenses
Annual	-
Annual Per AC	-

Total Expenses
Annual	$99,999
Annual Per AC	$9.99

PROPERTY FACTS

Price	$4,300,000	Property Subtype	Commercial
Sale Type	Owner User	Proposed Use	Hospitality Apartment Units Apartment Units - Condo Apartment Units - Dorms Apartment Units - Senior Apartment Units - Subsidized Auto Dealership Bank Carwash Community Center Fast Food Healthcare Hotel Parking Lot Post Office Religious Facility
Sale Condition	Redevelopment Project	Total Lot Size	0.06 AC
No. Lots	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.
Property Type	Land
Zoning	M3 - districts are usually located near the waterfront and buffered from residential areas

Price	$4,300,000
Sale Type	Owner User
Sale Condition	Redevelopment Project
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Hospitality Apartment Units Apartment Units - Condo Apartment Units - Dorms Apartment Units - Senior Apartment Units - Subsidized Auto Dealership Bank Carwash Community Center Fast Food Healthcare Hotel Parking Lot Post Office Religious Facility
Total 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	M3 - districts are usually located near the waterfront and buffered from residential areas

1 LOT AVAILABLE

Lot 0037

Price	$4,300,000	Lot Size	0.06 AC
Price Per AC	$70,815,698.03

Price	$4,300,000
Price Per AC	$70,815,698.03
Lot Size	0.06 AC

IDEAL DEVELOPMENT W/ MANY USES - 13,000 BUIDABLE SQ FT- FRANCHISES, STARBUCKS, HEADQUARTERS, FILM STUDIO, GLASS BUILDING WITH CONDO DEVELOPMENT, ROOFTOP RESTAURANT / AMENETIES. EMERGENCY CARE. LUXURY CAR FERRARI, LAMBORGHINI DEALERSHIP/SHOWROOM,

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