33-35 11th Street

BKREA has been retained on an exclusive basis to arrange for the sale of 33–35 11th Street (“The Site”), a prominent corner development opportunity in the heart of Long Island City, Queens. The Site spans from 11th to 12th Street with 184.56 feet along 33rd Road, totaling over 800 feet of street frontage. Its rare through-lot layout with three-sided exposure offers outstanding flexibility for mixed-use development. The 57,318 SF zoning lot—formed by the merger of Lots 15 and 22—is located within the M1-5/R6A zoning district. Zoning permits residential, commercial, community facility, and light manufacturing uses. The Site lies within a Mandatory Inclusionary Housing (MIH) area, allowing for increased density with affordable housing. By utilizing the Fresh Food Bonus, which this Site is eligible for, the Site supports a total ZFA of approximately 306,212 SF, reflecting a 5.34 FAR. This offers substantial development potential across a range of asset types. The Site’s western frontage allows for residential layouts with direct views of the East River and Manhattan skyline — a rare value driver in this part of Queens. The zoning permits both residential and commercial uses, giving developers the flexibility to design a project that responds to market demand. Located near major transit — including the F, 7, E, M, G, and N/W subway lines, the Queensboro Bridge, and NYC Ferry — the Site offers excellent connectivity to Manhattan, Brooklyn, and Roosevelt Island. With the rezoning already completed, 33–35 11th Street offers a large-scale development opportunity in one of New York City’s fastest-growing neighborhoods, with tremendous long-term potential.BKREA has been retained on an exclusive basis to arrange for the sale of 33–35 11th Street (“The Site”), a prominent corner development opportunity in the heart of Long Island City, Queens. The Site spans from 11th to 12th Street with 184.56 feet along 33rd Road, totaling over 800 feet of street frontage. Its rare through-lot layout with three-sided exposure offers outstanding flexibility for mixed-use development. The 57,318 SF zoning lot—formed by the merger of Lots 15 and 22—is located within the M1-5/R6A zoning district. Zoning permits residential, commercial, community facility, and light manufacturing uses. The Site lies within a Mandatory Inclusionary Housing (MIH) area, allowing for increased density with affordable housing. By utilizing the Fresh Food Bonus, which this Site is eligible for, the Site supports a total ZFA of approximately 306,212 SF, reflecting a 5.34 FAR. This offers substantial development potential across a range of asset types. The Site’s western frontage allows for residential layouts with direct views of the East River and Manhattan skyline — a rare value driver in this part of Queens. The zoning permits both residential and commercial uses, giving developers the flexibility to design a project that responds to market demand. Located near major transit — including the F, 7, E, M, G, and N/W subway lines, the Queensboro Bridge, and NYC Ferry — the Site offers excellent connectivity to Manhattan, Brooklyn, and Roosevelt Island. With the rezoning already completed, 33–35 11th Street offers a large-scale development opportunity in one of New York City’s fastest-growing neighborhoods, with tremendous long-term potential.