11-33 44Th Dr Queens, NY 11101
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.