Prime Long Island City Property Available

Ownership Seeking Proposals
38-27 30th Street, Queens, NY, USA
Price: Ownership Seeking Proposals
Building Type: Loft Building
Lot Sq Ft 9.050
Zoning: M1-2/R5D/LIC
Stories: 3
FAR: 2.76
Year Built: 1931
Commercial Units: 2

About this property

ONE Commercial Realty Services has been retained on an exclusive basis for the sale of 38-27 30th street, a three (3) story, commercial building. The subject property is a 78’ wide, three-story loft style office building that currently houses the Fisher Landau Center for Art, located on 30th Street between 38th and 39th Avenue, Long Island City. The zoning on this lot (M1-2/R5D/LIC) has an FAR of 2.0 and allows for a total of approximately 18,100 BSF. However, this building is currently overbuilt by 6,900 SF (25,000 Gross SF). The subject property is in proximity to several MTA bus lines (Q101, Q102, Q32, Q60, and Q69) and MTA subway lines (7, N, Q, F, E, M and R). With new developments breaking ground throughout the area, this building holds significant long term upside. The subject property offers a tremendous opportunity for an investor in one of New York City’s hottest neighborhoods. Please contact for additional information.

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