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3925 27th Street - Availability Details

3925 27th St, Long Island City, NY 11101

  • For Sale $3,500,000
  • City Long Island City
  • Neighborhood LIC
  • Zip Code 11101
  • Market Queens
  • Property Type Land
  • Property Size 2,220 Sqft
  • Lot Size 0.12 Acre
  • Year Built 1910
  • Date Updated 22 Dec, 2020
  • Website www.triboroughmultifamily.com

Marcus & Millichap is pleased to offer, 39-25 27th Street located between 39th Avenue and 40th Avenue in the Long Island City section of Queens, NY. The 50’ x 100.92’ lot with 50 feet of frontage on 27th Street.

The site is zoned M1-2/R5B, LIC which allows for various FARs for a diverse Mixed-Use Project. The As of Right Residential FAR is equivalent to 1.65, or 8,325 BSF. The Commercial FAR is equivalent to 2.0 or 10,092 BSF. The Facility FAR is also equivalent to 2.0 or 10,092 BSF (Block: 397, Lot: 5).

This property offers developers the rare opportunity to purchase a large development site with 50’ ft of frontage on 27th Street; and M1-2/R5B, LIC zoning allowing for a maximum development of approximately 13,718 buildable square feet.

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Location

  • City Long Island City, NY
  • Neighborhood LIC
  • Zip Code 11101
  • Market Queens

Contacts

broker

Matt Fotis

Marcus and Millichap

(212) 430-5206

broker

Zachary Golub

Marcus and Millichap

(212) 430-5134

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