Off-Market OfferingDevelopment Site in Long Island City
$4,600,000
Development Site
Asking Price
$4,600,000
Asset Type
Development Site
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)
James Smith
Listing contact · Verified on Crezly
Inquire / make an offer:
https://www.crezly.com/property/long-island-city-development-site/
https://www.crezly.com/property/long-island-city-development-site/
Prepared via Crezly Marketplace (crezly.com) from owner/broker-supplied information and NYC public records. Information deemed reliable but not guaranteed; buyers must independently verify. Not an offer, solicitation, or investment advice.