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Property profile & analytics
OFF-MARKET
Mixed-use properties

11-33 44Th Dr Queens, NY 11101

80,000 SF
Property ID
Property summary
AI-generated overview

This exceptional Long Island City development site presents a rare opportunity to acquire a prime 20,000 square foot parcel, offering 80,000 buildable square feet. Located at 11-33 44th Drive in Queens, New York, this property boasts 200 feet of frontage on 44th Drive, providing excellent street visibility and accessibility. The site is zoned R7A/M1-4/LIC, allowing for a diverse range of mixed-use development options. With a residential floor area ratio (FAR) of 4.0 and a commercial FAR of 2.0, this location offers significant potential for high-density residential and commercial construction. Its convenient location, just one block from the subway and situated in the desirable Hunters Point mixed-use zoning district near Court Square, ensures strong demand and future appreciation. This is one of the last remaining prime development sites in this thriving area, making it an exceptional investment opportunity. The property includes an existing building.

Property profile
Verified
Property type Mixed-use properties
Total area 80,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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