Located in the heart of Long Island City, this versatile industrial property offers a rare opportunity for both immediate use and long-term value creation. Ideal for an owner-user, the building provides functional space suitable for a variety of commercial operations. With favorable zoning and strong area fundamentals, the property also presents a compelling redevelopment angle—offering the potential to add residential condominiums above while maintaining ground floor retail or commercial use. This dual-use potential makes it an attractive asset for buyers looking to establish their business presence in LIC while capitalizing on future upside. The Property consists of a 2,250 square foot midblock lot with dimensions of 22.42 feet by 100 feet. Zoned M1-5/R7-3, the site allows for up to 11,250 square feet of residential floor area. The site also benefits from waived parking requirements due to its location within a Transit Zone. The surrounding area is characterized by newly built condominium buildings, with few remaining development sites available. Long Island City remains a high-demand market for new residential inventory, with condominium sellouts projected to exceed $1,500 per square foot.