Industrial Development Site with
For Sale
Contact for pricing
47-15 5th Street, Long Island City, NY 11101
Development-ready lot in Long Island City with an existing warehouse and zoning for mixed-use redevelopment.
Property Size2,500 SF
Price / SF$1,800
Days on Market84
Property Features for 47-15 5th Street
General Information
Standard status
Active
Size
2,500 SF
Class
C
Property subtype
Industrial, Mixed Use, Land
Zoning
M1-4/R6A
Investment Type
Redevelopment
Additional Details
Highway Access
Yes
Building Details
Buildings
1
Listing Agency:
Capri Industrial Partners
Listed By:
Joseph Barretta · License #10491212764
Source:
Crexi
Added: May 29
Changed: Aug 12
Last Checked: Aug 19 at 4:05PM
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 Capri Industrial Partners
Investment Insights
Based on property information with market context.
The property at 47-15 5th Street is a development site on a roughly 2,500-square-foot lot improved with an existing warehouse structure. It is located within the M1-4/R6A Special Long Island City Mixed Use District, supporting redevelopment strategies that can include ground-floor commercial space with residential units above, depending on project design and approvals.
The site benefits from access to major transportation options, positioned near the Vernon Boulevard–Jackson Avenue subway station and the Long Island City LIRR station, with convenient connections to the Midtown Tunnel and other major transportation corridors.
For developers and investors, the existing warehouse provides an income-producing asset to consider while planning a redevelopment. For owner-users, the zoning framework offers flexibility to pursue mixed-use concepts that can incorporate commercial space and residential components, subject to applicable permitting and design requirements.
The site benefits from access to major transportation options, positioned near the Vernon Boulevard–Jackson Avenue subway station and the Long Island City LIRR station, with convenient connections to the Midtown Tunnel and other major transportation corridors.
For developers and investors, the existing warehouse provides an income-producing asset to consider while planning a redevelopment. For owner-users, the zoning framework offers flexibility to pursue mixed-use concepts that can incorporate commercial space and residential components, subject to applicable permitting and design requirements.
Key Highlights
- Approximately 2,500‑SF lot in Long Island City with an existing warehouse structure
- Zoned M1‑4/R6A Special Long Island City Mixed Use District
- Approximately 7,500 buildable square feet for redevelopment
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
4,091
Businesses Nearby
Well-served
Demand for This Use
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
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Frequently Asked Questions
What type of property is this?
Warehouse - Development-ready lot in Long Island City with an existing warehouse and zoning for mixed-use redevelopment.
Where is this warehouse located?
The property is located at 47-15 5th Street Long Island City, NY.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Approximately 2,500‑SF lot in Long Island City with an existing warehouse structure; Zoned M1‑4/R6A Special Long Island City Mixed Use District; Approximately 7,500 buildable square feet for redevelopment
