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  • Shovel-ready development site for sale at 41-41 24th Street, Long Island City, offering a prime investment opportunity in one of NYC’s fastest-growing neighborhoods. This 2, 500 square foot lot comes with 25, 009 gross buildable square feet and approved plans for a 13-story mid-rise elevator building. The plans include 24 one-bedroom units, each measuring 623 square feet, with two units per floor. The building will feature a ground-floor gym, a welcoming lobby, a basement for controls and mechanics, and a private rooftop lounge for residents. With a Floor Area Ratio (FAR) of 7.90 and M1-5/R9 zoning, this site allows for high-density residential development alongside light manufacturing or commercial uses. This makes it ideal for mixed-use projects that combine modern living spaces with office or retail components, catering to the area’s evolving residential and business demands. Located in Long Island City, the property benefits from excellent transit access, with subway lines, shops, and cultural venues nearby. This development is poised to attract young professionals and businesses looking to capitalize on the vibrant, mixed-use environment that defines this thriving urban hub. A unique opportunity for developers seeking to contribute to the growth of Long Island City. 6
    41-41 24th Street Long Island City, NY 11101
    $7,502,000
    $6,875,000
    Unimproved Land For Sale PRICE REDUCED ML# 3585759
    Shovel-ready development site for sale at 41-41 24th Street, Long Island City, offering a prime investment opportunity in one of NYC’s fastest-growing neighborhoods. This 2, 500 square foot lot comes with 25, 009 gross buildable square feet and approved plans for a 13-story mid-rise elevator building. The plans include 24 one-bedroom units, each measuring 623 square feet, with two units per floor. The building will feature a ground-floor gym, a welcoming lobby, a basement for controls and mechanics, and a private rooftop lounge for residents. With a Floor Area Ratio (FAR) of 7.90 and M1-5/R9 zoning, this site allows for high-density residential development alongside light manufacturing or commercial uses. This makes it ideal for mixed-use projects that combine modern living spaces with office or retail components, catering to the area’s evolving residential and business demands. Located in Long Island City, the property benefits from excellent transit access, with subway lines, shops, and cultural venues nearby. This development is poised to attract young professionals and businesses looking to capitalize on the vibrant, mixed-use environment that defines this thriving urban hub. A unique opportunity for developers seeking to contribute to the growth of Long Island City.
    Presented By: NY Space Finders Inc  516-801-6181
    Call Today: 516.410.6193, 516.743.0830, or  Email: The Macaluso Team
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Macaluso Team
Mary Macaluso
Licensed Associate Real Estate Broker
516.410.6193

John Macaluso
Licensed Real Estate Salesperson
516.743.0830
485 Underhill Blvd, Suite 200 Syosset, NY 11791

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