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23-10 44th Drive

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Address: 23-10 44th Dr, Long Island City, NY 11101, USA

New York & Tri-State + Apartment Buildings

Created date: November 6, 2024

Date last updated: November 6, 2024

Property Description

Avison Young, as the exclusive listing agent, is pleased to offer for sale 23-10 44th Drive (the “Property” or “Site”). The Site is a 2,500 SF lot zoned C5-3, LIC (R7D), which allows for 10x FAR (or 12x FAR with an inclusionary housing bonus) for a total of 25,000 BSF for the Base FAR or 30,000 BSF with an inclusionary housing bonus. The site is currently improved by a 1-story retail building located on the south side of 44th Drive between 23rd Street and Jackson Avenue in the Hunters Point section of Long Island City (LIC), adjacent to Court Square.Situated at 23-10 44th Drive in the Hunters Point section of Long Island City, this prime site is located just steps away from Court Square, a bustling hub of activity and transit. Long Island City, part of the vibrant Queens borough, has experienced significant population growth, making it an attractive area for new ground developments. Developers have the opportunity to undertake either a residential condominium project or a rental project, capitalizing on the increasing demand for housing in this thriving neighborhood.

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Key Property Information

Listing Status:	Unavailable
Listing Type:	Call for offers
Property Types:	Apartment Buildings
Price:	$5,200,000
Lot Size:	2,500.00 Sq ft
Opportunity Zone:	No
Property Website	Click Here