39-49 29th St, Long Island - Industrial FOR SALE


Long Island City, NY 11101- LIC | 
$2,150,000 USD
917-655-0185
39-49 29th St, Long Island, Long Island City, NY for Sale
$2,150,000 USD
Industrial - FOR SALE
1/4
null | Request Cap Rate

39-49 29th St, Long Island
Long Island City, NY 11101
LIC


HIGHLIGHTS

  • The property occupies a corner location within the Dutch Kills Special District of Long Island City.
  • M1-2/R5D zoning supports a variety of redevelopment opportunities subject to applicable approvals.
  • The site contains approximately 3,200 square feet of land area.
  • The corner configuration provides visibility, access, and flexibility for future development planning.
  • The property is positioned near major transportation routes and connectivity to Midtown Manhattan.

OVERVIEW

Offered for sale at $2,150,000, 39-49 29th Street presents a corner redevelopment opportunity in the Dutch Kills Special District of Long Island City. Situated within one of Queens' most active mixed-use growth corridors, the property offers investors, developers, and owner-users the ability to capitalize on the area's continued residential, commercial, and infrastructure investment. The site encompasses approximately 3,200 square feet and is zoned M1-2/R5D, allowing for a range of redevelopment possibilities subject to applicable zoning regulations and approvals. The special zoning regulations allows for a 6,400 sq. ft. of residential development plus an additional 3,200 square feet of ground-floor commercial space. Its corner positioning enhances visibility, access, and design flexibility, making it well suited for future mixed-use development or an end-user seeking a strategic Long Island City location. Located within Dutch Kills, the property benefits from proximity to Midtown Manhattan, multiple subway lines, major transportation corridors, and the diverse business and residential base that has fueled Long Island City's ongoing transformation. The combination of zoning, corner exposure, and location within a designated special district creates a compelling opportunity for purchasers seeking a redevelopment project in a supply-constrained urban market. Whether pursued as a development site or a long-term strategic land holding, 39-49 29th Street offers the opportunity to acquire a corner parcel in one of New York City's most dynamic neighborhoods.

FOR SALE DETAILS

PRICE

$2,150,000 USD

PRICE/SF

$336 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

ADD'L SUBTYPES

undefined, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1942

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07

LAND SF

3,200

ZONING

M1-2/R5D

APN/PARCEL ID

00399-0001

ASK ABOUT THIS PROPERTY

Hope GrouzisKeller Williams Realty LandmarkMore Info
917-655-0185

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Hope GrouzisKeller Williams Realty LandmarkMore Info
917-655-0185

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.