Multifamily Development
38-12 28th Street Long Island City, NY 11101
38-12 28th Street, Long Island City, NY, 11101
$5,580,000
For Sale
$5,580,000
Five-family residential income property on a 75 ft by 85 ft lot with a stated maximum buildable area.
Days on Market72
Property Features for 38-12 28th Street
General Information
- Standard status
- Active
- Property subtype
- Multi Family
Building Details
- Year Built
- 1930
Listing agency
CPRE Elite Inc
(718) 428-6888
Listed by
Xiaoyan He
Source
Resortrealtycatskills
Added: May 12 Updated: Jul 21 at 4:34PM Checked: Jul 22 at 2:08AM
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 CPRE Elite Inc
Investment Insights
Based on property information with market context.
The property at 38-12 28th Street, Long Island City, NY 11101 is currently improved as a five-family residential income setup. The site includes two 25 ft by 40 ft buildings, each with a two-car garage.
The lot is described as 75 ft by 85 ft, totaling 6,685 square feet. The provided FAR and development parameters include Residential FAR of 1.65, Commercial FAR of 3, and Facility FAR of 2, with a stated max buildable area of 20,055 square feet.
This is a multifamily asset positioned for redevelopment based on the stated buildable limits and existing income property configuration.
The lot is described as 75 ft by 85 ft, totaling 6,685 square feet. The provided FAR and development parameters include Residential FAR of 1.65, Commercial FAR of 3, and Facility FAR of 2, with a stated max buildable area of 20,055 square feet.
This is a multifamily asset positioned for redevelopment based on the stated buildable limits and existing income property configuration.
Key Highlights
- 5‑family residential income property on a 75 ft x 85 ft lot (6,685 SF lot area)
- Stated maximum buildable area of 20,055 SF with Residential FAR 1.65, Commercial FAR 3, and Facility FAR 2
- Includes two 25 ft x 40 ft buildings, each with a two‑car garage
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Five-family residential income property on a 75 ft by 85 ft lot with a stated maximum buildable area.
Where is this apartment building located?
The property is located at 38-12 28th Street Long Island City, NY.
What is the asking price?
The asking price for this property is $5,580,000.
What are key features of this property?
This property features: 5‑family residential income property on a 75 ft x 85 ft lot (6,685 SF lot area); Stated maximum buildable area of 20,055 SF with Residential FAR 1.65, Commercial FAR 3, and Facility FAR 2; Includes two 25 ft x 40 ft buildings, each with a two‑car garage
