The Reel

Follow us:

A blog for breaking sales and neighborhood real estate news.

A commercial property at 42-02 21st Street in Long Island City sold in an all cash transaction valued at $3,325,000.

The property, which was delivered vacant, is strategically located at the entrance to the Queensboro Bridge and is the most visible gas station/repair shop in the Queens Plaza sub-district of Long Island City. The Sunoco-branded gas station (approximately 1,830 sq. ft.) is situated on a footprint of approximately 9,200 square feet. With a zoning designation of M1-4 and an F.A.R. of 2.0, this property has 18,400 buildable square feet for commercial or retail development.

Neighborhoods: Long Island City