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38-07 31st Street

Long Island City, NY 11101
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DSA® as exclusive advisors to ownership, is pleased to present, to qualified developers, 38-07 31st Street in the Dutch Kills section of Long Island City, Queens, New York. The subject property has Approved Plans to Construct a New 8,270.92 SF, 6-Story Mixed-Use Building with 9 Apartments and Ground Floor Commercial Space.

38-07 31st Street is a 25’ x 88.37’, 2,190 sq. ft. lot that lies in the M1-2/R6A Zoning District within the Special Long Island City Mixed Use District. The site is exceptionally located between 38th and 39th Avenue, on the same block of the 39th Avenue-Dutch Kills N/W subway station and 1-block to Northern Boulevard.

The Residential Floor Area for the 9 apartments is 6,535.76 SF and the Commercial Floor Area is 1,701.15 SF for a total Floor Area of 8,270.92 SF. Nearby Rental Rates are $55/SF across the street at Lightstone Groups’ ARC. Nearby Condo Prices are $1,173/SF at the newly built Sunswick on 32nd Street and $1,181/SF at 31-12 38th Avenue.

This is an opportunity for a developer to get in the ground and start construction immediately in Long Island City, without going through the approval process.

To be delivered vacant.

Location Description Easterly of 31st Street between 38th and 39th Avenue
Borough/Block/Lot Queens / 382 / 13
Neighborhood Long Island City
Lot Size 2,190 SF
Existing SF 2,000 SF
R.E. Taxes $11,344.00
Subway Access
Community District 1
Zoning District
Special District