Queens Plaza Development Site for Sale

29-21 41st Avenue

Queens Plaza Development Site for Sale

The subject property is improved with a one story office building operating as a full service bank with a full basement and parking lot situated in the heart of Long Island City just blocks from the Queensboro Bridge.  The main floor consists of office space, a conference room, and one bathroom.  The ceiling height is approximately 20 feet high on the main floor and approximately 9 feet high in the basement.  The basement also has a large walk-in security vault, a conference room, office space, several storage rooms, and two bathrooms.  The building is fully sprinklered and its HVAC system is gas forced with separate air conditioning units.  Situated in the special Queens Plaza sub-district of Long Island City with a zoning deignation of M1-6/R10, the property has a floor to area ratio of 12.0, allowing for 73,008 buildable square feet.  The positive combination of size, location and air rights makes this a prime development opportunity for either commercial or residential development.  The property will be delivered vacant.

Status Closed
Price: $7,725,000
Type: Development / Land / Conversion
Pet Policy: No Pets
ID: 65006
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