Off-Market Deal in Long Island City
Price$4,600,000
Investment Highlights
Long Island city dev site / covered land 5,500 SF building on a 4,400 SF lot with M1-2/R6A zoning. The property is leased on a NNN basis through October 2028 with 3% annual rent bumps, providing stable cash flow while allowing investors to capitalize on future redevelopment potential. 17,160 buildable square feet normal sale owner asking $4.6m negotiable ($268psft)
Location
📍 Long Island City
🔒 The exact address and location are confidential and are released only after you sign the NCNDA and the listing broker approves your request.