Permit-Ready Commercial
For Sale
Contact for pricing
27-09 40th Ave, Long Island City, NY 11101
Approved planning supports a six-story mixed-use condominium project with residential, retail, and office components.
Property SizeContact for details
Days on Market143
Property Features for 27-09 40th Ave
General Information
Standard status
Active
Property subtype
Mixed Use, Land, Senior Living
Listing Agency:
Greiner-Maltz Company of New York, Inc.
Listed By:
Kostas Alafoyiannis · License #NY
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 11:26PM
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 Greiner-Maltz Company of New York, Inc.
Investment Insights
Based on property information with market context.
This commercial land offering includes permit-ready plans for a six-story mixed-use condominium development. The proposed project combines 35,000 square feet of residential space across 46 one- and two-bedroom units, 12,500 square feet of ground-floor retail, and 5,000 square feet of second-story office or commercial space. Residential plans call for balconies or terraces, designer kitchens and bathrooms, and two full bathrooms in every two-bedroom unit.
Planned shared amenities include 100 below-grade parking spaces for tenants and transient customers, a virtual doorman, fitness center, bicycle storage, and roof deck. The property is in Dutch Kills in Long Island City, within walking distance of the N/W/R, E/M, and 7 train lines.
Planned shared amenities include 100 below-grade parking spaces for tenants and transient customers, a virtual doorman, fitness center, bicycle storage, and roof deck. The property is in Dutch Kills in Long Island City, within walking distance of the N/W/R, E/M, and 7 train lines.
Key Highlights
- Permit‑ready plans for a six‑story mixed‑use condominium development
- 35,000 SF of residential space with 46 one- and two‑bedroom units
- 12,500 SF of ground‑floor retail space
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
8,028
Businesses Nearby
Explore this area
Business Placement
Demographics for 11101, NY
48,867
Population
27,093
Households
1.8
Avg Household Size
33
Median Age
65%
College-Educated
90%
High-School Grad
2.6 sq mi
ZIP Area
18,795
Density / Sq Mi
$116,807
Median Household Income
$83,892
Median Earnings
$2,740
Median Rent
$995,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - Approved planning supports a six-story mixed-use condominium project with residential, retail, and office components.
Where is this commercial land located?
The property is located at 27-09 40th Ave Long Island City, NY.
What are key features of this property?
This property features: Permit‑ready plans for a six‑story mixed‑use condominium development; 35,000 SF of residential space with 46 one- and two‑bedroom units; 12,500 SF of ground‑floor retail space
