PRIME LIC SITE FOR 99 YEAR NNN GROUND LEASE

Size
7,500 sq. ft.
Address
39-26 30th Street, Long Island City, NY 11101
Property Type
Development, Investment
Block & Lot
399 / 31
Zoning
M1-3/R7X, LIC
Special Features
Greiner-Maltz is pleased to offer for a 99-year ground lease, a 7,500 SF lot with a 7,400 SF one-story factory in prime Long Island City. The asking rent is $450,000 per annum plus a 1.5M upfront payment at lease signing. The upfront payment will be structured as a 467 rental agreement. Located in the LIC Core Neighborhood and Dutch Kills Subdistrict, it is within an Inclusionary Housing designated area. Several nearby developments, new residential towers, and several hotels. This property is ideal for development for mixed-use or hotel.
Real Estate Taxes
$33,289
Nearby Transportation
at the E F M N R W 7
Exclusive Agent(s)
Broker’s Cooperation Invited
Share This Property