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$ 2,280,000
Est. payment /mo
New
39-20 29th ST Long Island City, NY 11101
2,522 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1063714
Rental Info No
Year Built 1930
Annual Tax Amount $7,057
Lot Size 2,522 Sqft
Acres 0.0579
Property Sub-Type Mixed Use
Source onekey2
Property Description
An exceptional opportunity to acquire a versatile property in the rapidly developing Dutch Kills neighborhood of Long Island City. Ideal for developers seeking a potential redevelopment opportunity, investors pursuing long-term appreciation, or end users looking to own a property with significant future potential.
PROPERTY HIGHLIGHTS
• Lot Size: 25' × 100.92' — approximately 2,505 square feet
• RE Tax: $7,056.57
• Zoning: M1-2/R5D, within the Special Long Island City Mixed Use District
• Existing Building: Approximately 2,000 square feet
• Potential Development: Preliminary estimate of approximately 7,500+ buildable square feet, subject to zoning analysis, architectural review, and applicable approvals
• Delivery: To be delivered vacant at closing
• Condition: Excellent and with new roof
• Utilities: Separate heating and cooling systems serving the property's areas
EXISTING PROPERTY & FLEXIBLE USE
The property currently features a one-family residential layout with three bedrooms, along with two professional office spaces. Additional features include a fully finished basement and the backyard, offering further flexibility for the next owner.
Whether you choose to utilize the existing building, explore its potential for redevelopment, or hold the property as a long-term investment, this offering presents multiple possibilities.
PRIME LONG ISLAND CITY LOCATION
Situated in the desirable and rapidly evolving Dutch Kills neighborhood, the property offers convenient access to Manhattan, Queens Plaza, major roadways, and public transportation. The nearby 39th Avenue N/W subway station provides convenient connectivity to Manhattan and other parts of New York City.
A RARE OPPORTUNITY FOR THE RIGHT BUYER
Secure a property in one of Queens' dynamic growth areas, with existing building utility and potential future development upside
PROPERTY HIGHLIGHTS
• Lot Size: 25' × 100.92' — approximately 2,505 square feet
• RE Tax: $7,056.57
• Zoning: M1-2/R5D, within the Special Long Island City Mixed Use District
• Existing Building: Approximately 2,000 square feet
• Potential Development: Preliminary estimate of approximately 7,500+ buildable square feet, subject to zoning analysis, architectural review, and applicable approvals
• Delivery: To be delivered vacant at closing
• Condition: Excellent and with new roof
• Utilities: Separate heating and cooling systems serving the property's areas
EXISTING PROPERTY & FLEXIBLE USE
The property currently features a one-family residential layout with three bedrooms, along with two professional office spaces. Additional features include a fully finished basement and the backyard, offering further flexibility for the next owner.
Whether you choose to utilize the existing building, explore its potential for redevelopment, or hold the property as a long-term investment, this offering presents multiple possibilities.
PRIME LONG ISLAND CITY LOCATION
Situated in the desirable and rapidly evolving Dutch Kills neighborhood, the property offers convenient access to Manhattan, Queens Plaza, major roadways, and public transportation. The nearby 39th Avenue N/W subway station provides convenient connectivity to Manhattan and other parts of New York City.
A RARE OPPORTUNITY FOR THE RIGHT BUYER
Secure a property in one of Queens' dynamic growth areas, with existing building utility and potential future development upside
Location
State NY
County Queens
Rooms
Basement Finished, Full
Interior
Heating Electric, Other
Cooling Central Air, Electric
Fireplace No
Exterior
Utilities Available See Remarks
Building
Story 2
Foundation Other
Sewer Other
Water Other
Structure Type Other
Schools
High Schools Contact Agent
School District Contact Agent
Others
Special Listing Condition None
Listed by Winzone Realty Inc • Vlaho Baletin CBR ABR
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