3925 27th Street
3925 27th St, Long Island City, NY 11101
- For Sale $3,500,000
- City Long Island City
- Neighborhood LIC
- Zip Code 11101
- Market Queens
- Property Type Land
- Property Size 2,220 Sqft
- Lot Size 0.12 Acre
- Year Built 1910
- Date Updated 22 Dec, 2020
- Website www.triboroughmultifamily.com
Marcus & Millichap is pleased to offer, 39-25 27th Street located between 39th Avenue and 40th Avenue in the Long Island City section of Queens, NY. The 50’ x 100.92’ lot with 50 feet of frontage on 27th Street.
The site is zoned M1-2/R5B, LIC which allows for various FARs for a diverse Mixed-Use Project. The As of Right Residential FAR is equivalent to 1.65, or 8,325 BSF. The Commercial FAR is equivalent to 2.0 or 10,092 BSF. The Facility FAR is also equivalent to 2.0 or 10,092 BSF (Block: 397, Lot: 5).
This property offers developers the rare opportunity to purchase a large development site with 50’ ft of frontage on 27th Street; and M1-2/R5B, LIC zoning allowing for a maximum development of approximately 13,718 buildable square feet.
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What is the lease rate for 3925 27th Street?
Rental asking rate at 3925 27th Street is $3,500,000 per square foot.
What is the total square footage of 3925 27th Street?
3925 27th Street totals 2,220 square feet.
When was this property built?
3925 27th Street was built in 1910.
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