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    39-49 29Th St Long Island City, NY 11101

    New
    For Sale
    $2,600,000

    Commercial Building - Long Island City, NY

    Days on Market:
    3
    Last Refresh:
    Dec 7 at 9:06 am

    Property Features for 39-49 29Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Parking features
    Garage

    Building Details

    Floors in Building
    2
    Architectural style
    Other

    Landair Property Advisors, LLC (646) 559-4700

    Listing agent Alexandre Goulet (646) 559-4700

    Listing date Dec 5, 2025

    MLS# 11615286 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Long Island City Development Opportunity

    This is a development opportunity located in Long Island City, NY. The corner site totals 3,200 sq. ft. with lot dimensions of 39 ft x 101 ft. The property is zoned M1-2/R5D, LIC within the Dutch Kills Special District, allowing for a 6,400 sq. ft. residential development plus an additional 3,200 sq. ft. of ground-floor commercial space. The site is improved by a 2,931 sq. ft. building and will be delivered vacant, offering flexibility for redevelopment. The Dutch Kills market is attractive to developers, supported by demand for residential product and interest in mixed-use projects.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Long Island City
    County
    Queens
    State
    New York
    Longitude
    -73.935277
    Latitude
    40.752283

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    FAQs

    What type of property is this?
    Commercial land - Prime corner site for mixed-use development in Dutch Kills.
    Where is this commercial land located?
    The property is located at 39-49 29Th St Long Island City, NY.
    What is the asking price?
    The asking price for this property is $2,600,000.
    What are key features of this property?
    This property features: - Prime corner-site location in Long Island City.; - Favorable M1-2/R5D, LIC zoning allows for a **6,400 sq. ft. residential development.**; - Zoning permits an additional **3,200 sq. ft. of ground-floor commercial space.**
    (646) 559-4700
    Request Owner's contact information
    39-49 29Th St Long Island City, NY 11101
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    Long Island City, NY 11101
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    39-49 29Th St Long Island City, NY 11101
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