37-07 & 37-25 21st Street
Development Site Advisors®️ has been exclusively retained by ownership to sell 37-07, 37-12 & 37-25 21st Street in Long Island City, Queens NY. The subject property is an approximately 275.73’ x 130.12’, 29,817 square foot lot, located in an M1-3 Zoning District with a FAR of 5.0, allowing for the development of ±149,085 Square Feet.
The property is currently improved by a G2 class building with 15,700 gross square footage. The site is located on a wide street, 21st Street, between 37th and 38th Avenues with ±275.73 feet frontage and is just a short distance to the Queensboro Bridge Station and the N/W subway lines at 36th Avenue.
The site is also located in a Qualified Opportunity Zone, offering developers and investors tax benefits and gains deferral options.