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Industrial Development Land Site
For Sale
$1,900,000
Pending

40 27th St, Long Island City, NY 11105

Development land offered as a package deal with the adjoining property, totaling 5,042 SF and zoned for mixed industrial and residential use.

Property SizeContact for details
Lot Size0.12 Acres
Days on Market562

Property Features for 40 27th St

General Information

Standard status Pending
Lot size 0.12 Acres
Property subtype Land
Zoning M1-2, R5B, R6A

Taxes and HOA fees

Annual Taxes $6,476
Listing Agency: E Realty International Corp
Listed By: Hsin Yuan Yang · License #10311205376
Source: Exprealty
Added: Mar 3, 2025 Changed: Sep 15 Last Checked: Sep 15 at 4:48PM

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 E Realty International Corp

Investment Insights

Based on property information with market context.

Development land for sale in a package with the adjoining property at 40-37 27th St. The offering combines the lots for a total of 5,042 SF and is listed with an estimated buildable size of 14,800 SF.

The site is zoned M1-2, R5B, and R6A. It is being marketed as suitable for development, and buyers are encouraged to review the configuration and zoning details directly as part of their planning process.

Please contact the listing team for additional information on the package and development considerations tied to the combined lot footprint and zoning designations.

Key Highlights

  • Development land offered as a package deal with the adjoining property at 40‑37 27th St
  • Combined lot size of 5,042 SF for the package
  • Zoned M1‑2, R5B, and R6A (mixed industrial and residential use)

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Auto Parts Store Hair Salon Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,062
Businesses Nearby

Demographics for 11105, NY

38,001
Population
17,518
Households
2.2
Avg Household Size
37
Median Age
55%
College-Educated
91%
High-School Grad
1.6 sq mi
ZIP Area
23,751
Density / Sq Mi
$100,306
Median Household Income
$62,464
Median Earnings
$2,211
Median Rent
$1,089,000
Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - Development land offered as a package deal with the adjoining property, totaling 5,042 SF and zoned for mixed industrial and residential use.
Where is this industrial land located?
The property is located at 40 27th St Long Island City, NY.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Development land offered as a package deal with the adjoining property at 40‑37 27th St; Combined lot size of 5,042 SF for the package; Zoned M1‑2, R5B, and R6A (mixed industrial and residential use)
More about this property
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