Industrial Development
For Sale
Contact for pricing
38-17 23rd St & 3818-3820 24th St, Long Island City, NY 11101
M1-3-zoned assemblage with hotel and large-office development potential.
Property SizeContact for details
Days on Market144
Property Features for 38-17 23rd St & 3818-3820 24th St
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
Marcus & Millichap - Manhattan
(646) 345-7000
Listed By:
Jakub Nowak · License #NY 10301211147
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 29 at 5:30PM
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 Marcus & Millichap - Manhattan
Investment Insights
Based on property information with market context.
This industrial land offering comprises two adjacent tax lots forming a development assemblage. The property includes 23,760 square feet of land, with 250 feet along 23rd Street and 50 feet along 24th Street. M1-3 zoning permits a FAR of 5.0 and supports up to 118,800 buildable square feet.
The site is positioned between 38th Avenue and 39th Avenue in Long Island City, Queens. The 39th Ave N and W subway station is six blocks away, providing transit access to Manhattan and other boroughs. The zoning also permits hotel development or a large office project.
The site is positioned between 38th Avenue and 39th Avenue in Long Island City, Queens. The 39th Ave N and W subway station is six blocks away, providing transit access to Manhattan and other boroughs. The zoning also permits hotel development or a large office project.
Key Highlights
- 23,760‑square‑foot development assemblage comprising two adjacent tax lots
- 250 feet of frontage along 23rd Street and 50 feet along 24th Street
- M1‑3 zoning with a 5.0 FAR
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,987
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
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Industrial land - M1-3-zoned assemblage with hotel and large-office development potential.
Where is this industrial land located?
The property is located at 38-17 23rd St & 3818-3820 24th St Long Island City, NY.
What are key features of this property?
This property features: 23,760‑square‑foot development assemblage comprising two adjacent tax lots; 250 feet of frontage along 23rd Street and 50 feet along 24th Street; M1‑3 zoning with a 5.0 FAR
