Mixed-Use Development
For Sale
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38-21 12th street, Long Island City, NY 11103
M1-3-zoned commercial land near the F subway line with broad development flexibility.
Property SizeContact for details
Days on Market145
Property Features for 38-21 12th street
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
Taube Management Realty LLC
Listed By:
Joe Taube · License #NY 10401245610
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 7:54AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Taube Management Realty LLC
Investment Insights
Based on property information with market context.
This 1.6-acre commercial land property in Long Island City encompasses approximately 70,200 square feet and supports substantial development capacity. The site offers 351,000 buildable square feet under a 5.0 FAR, with potential for 456,300 total buildable square feet at a 6.5 FAR for community facility use. The parcel spans two corners and measures approximately 322.73 feet by 203.6 feet.
Zoned M1-3, the property allows a diverse mix of uses identified in the source information, including hotel, office, retail, medical, education, museum, movie theater, rooftop farming, and arts and entertainment. The site is three blocks from the F subway line, six blocks from the Roosevelt Island Bridge, and offers views of the New York City skyline. A residential overlay is present on the same block, with an adjacent high-rise R6 district.
Zoned M1-3, the property allows a diverse mix of uses identified in the source information, including hotel, office, retail, medical, education, museum, movie theater, rooftop farming, and arts and entertainment. The site is three blocks from the F subway line, six blocks from the Roosevelt Island Bridge, and offers views of the New York City skyline. A residential overlay is present on the same block, with an adjacent high-rise R6 district.
Key Highlights
- 1.6‑acre commercial land parcel with approximately 70,200 square feet of lot area
- 351,000 buildable square feet under a 5.0 FAR
- 456,300 total buildable square feet at a 6.5 FAR for community facility use
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,016
Businesses Nearby
Explore this area
Business Placement
Demographics for 11103, NY
37,362
Population
18,833
Households
2
Avg Household Size
36
Median Age
52%
College-Educated
89%
High-School Grad
0.7 sq mi
ZIP Area
53,374
Density / Sq Mi
$92,787
Median Household Income
$59,050
Median Earnings
$2,120
Median Rent
$1,003,500
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - M1-3-zoned commercial land near the F subway line with broad development flexibility.
Where is this commercial land located?
The property is located at 38-21 12th street Long Island City, NY.
What are key features of this property?
This property features: 1.6‑acre commercial land parcel with approximately 70,200 square feet of lot area; 351,000 buildable square feet under a 5.0 FAR; 456,300 total buildable square feet at a 6.5 FAR for community facility use
