21-47 44th Drive Long Island City Queens, New York
21-47 44th Drive
Long Island City, NY
Price: $2,300,000
Year Built: 1920
Building Size: 2,340 Square Feet
Lot Size: 2,000 Square Feet
Exclusive Listing Team:
Property Status: Under Contract
Description:
Investment Overview
Marcus & Millichap is pleased to offer 21-47 44th Drive, located between 21st Street and 23rd Street in the Long Island City section of Queens, New York.
The property includes a 2 story residential building built 20 ft x 42 ft and sits on a 20 ft x 100 ft lot. 21- 47 44th Drive is zoned M1-4/R7A, LIC which allows for a maximum FAR of 4.00 “As of Right”. The total buildable square feet of 8,000 (Block: 438, Lot: 5).
This property offers developers the rare opportunity to purchase a development site with 20 ft of frontage on 44th Drive and M1-4/R7A, LIC allowing for 8,000 buildable square feet “As of Right” in the Long Island City section of Queens, New York.
