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38-20 31st Street Long Island City, NY 11101
$1,400,000
  • For Sale
  • Unimproved Land
  • ML# 3564493

Property Details

Overview

Prime development opportunity in LIC. Potential to have 1 commercial unit underneath for the whole with an FAR of 4. FAR of 3 for the residential portion to potentially build 10 units. This property features a 3-bedroom, 1-bath house built in 1920, spanning 1, 540 square feet on a 0.05 acre lot. it’s located one block from northern boulevard and is being sold in as-is condition. zoned m1-2/r6a, the house is about 22x35 feet (1, 540 sqft), and the lot size is approximately 25x90 feet (2, 254 sqft). the potential buildable area is 6, 762 sqft. it’s half a block from the 39th ave./dutch kills train subway station, making it very close to Manhattan.

Key Facts

  • Lot Size: 0.05
  • Lot Sq Ft: 2254
  • Taxes: $28,142
  • School District: Queens 30
  • Zoning: Residential
  • Block: 383
  • Lot: 20

Additional Features

Interior & Utilities

  • Water: Public
  • Sewer: Sewer

Financial

  • Taxes: $28,142
Listing Information provided courtesy of Amorelli Realty LLC  929-346-8804
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