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