21-02 44th Drive

21-02 44th Drive, Queens, NY 11101

Property Information

  • For Sale Contact for pricing
  • Property Type Other
  • Date Updated May 15, 2026

Description

Avison Young, as the exclusive agent, is pleased to offer for long-term ground lease (the “Site”) 21-02 44th Drive, a 67.5’ x 100’ lot located on the southeast corner of 44th Drive and 21st Street in Long Island City. The Site is currently improved by a one-story retail building totaling 6,000 square feet. It is zoned M1-4/R7A, which allows for a 4.0 FAR, or 26,800 ZFA, and up to 5.01 FAR with a UAP housing bonus, for a total of 33,567 ZFA.

Additionally, the Site falls within the One LIC Neighborhood Plan, a proposed rezoning that would upzone the lot to R8 and allow for a 6.02 FAR, totaling 40,334 ZFA.

Highlights

  • 15-Minute Commute to Midtown
  • 40% Population Increase
  • 6.2% YoY Increase in Median Rent
  • Projected Rental Growth Over Next 5 Years
  • Proximity to E G M 7 Subway Lines
  • Proximity to Q67 and Q62 Buses
  • Scenic Waterfront Parks
  • Sought-After Neighborhood

Contacts

James Nelson

Avison Young - US - NY - New York

Patrick Madigan

Avison Young - US - NY - New York

Fritz Richter

Avison Young - US - NY - New York

Joseph Moran

Avison Young - US - NY - New York

Miles Davis-Bosch

Avison Young

Location

Located at 21-02 44th Drive, Queens, NY 11101, this property is part of the Hunters Point neighborhood and Queens market.

  • 98/100 Walker's Paradise
  • 100/100 Rider's Paradise
  • 83/100 Very Bikeable
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