ViewBridge(s), City, Park, Panoramic, Skyline, Other
MLS #3585759
Lot Size0.06 Acres
StatusActive (A)
About 41-41 24th St
Shovel-ready development site for sale at 41-41 24th Street, Long Island City, offering a prime investment opportunity in one of NYC's fastest-growing neighborhoods. This 2,500 square foot lot comes with 25,009 gross buildable square feet and approved plans for a 13-story mid-rise elevator building. The plans include 24 one-bedroom units, each measuring 623 square feet, with two units per floor. The building will feature a ground-floor gym, a welcoming lobby, a basement for controls and mechanics, and a private rooftop lounge for residents. With a Floor Area Ratio (FAR) of 7.90 and M1-5/R9 zoning, this site allows for high-density residential development alongside light manufacturing or commercial uses. This makes it ideal for mixed-use projects that combine modern living spaces with office or retail components, catering to the area's evolving residential and business demands. Located in Long Island City, the property benefits from excellent transit access, with subway lines, shops, and cultural venues nearby. This development is poised to attract young professionals and businesses looking to capitalize on the vibrant, mixed-use environment that defines this thriving urban hub. A unique opportunity for developers seeking to contribute to the growth of Long Island City.
Property Details
Property Features
Listing Office:
Office Name: NY Space Finders Inc
Office Phone: (516) 801-6181
Exterior Features
Exterior Information:
View: Bridge(s), City, Park, Panoramic, Skyline, Other
Lot Features
Lot Information:
Lot: Cleared
Lot Size: 0.06 Acres
Other
Directions Information:
Directions: GPS: Queens Plaza North to 24th Street.
Price Information
Listing Price Info
Price Summary:
List Price: $6,875,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in New York, NY.
This property is $6.0M more than the Median Sold Price in New York, NY.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: ONEKEY
MLS Number: #3585759
Listing Office:
Office Name: NY Space Finders Inc
Office Phone: (516) 801-6181
Listings courtesy of OneKey MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.
Information Copyright 2024, OneKey™ MLS. All Rights Reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. Last updated on: 11/21/2024, 9:11:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$34.3K
Per Month
Principal & Interest
$34.3K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$20.6K
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
PS 384
2735 Jackson Ave
Distance between this listing and this school0.20 miles
Public District Grades KG-2
8
/10
P.S./I.S. 78Q The Robert F. Wagner, Jr. School
4809 Center Blvd
Distance between this listing and this school0.78 miles
Public District Grades PK-5
3
/10
P.S. 112 Dutch Kills School
2505 37th Ave
Distance between this listing and this school0.79 miles
Public District Grades PK-5
Nearby Schools
4
/10
Growing up Green Charter School
3927 28th St
Distance between this listing and this school0.52 miles
Public Charter Grades KG-8
3
/10
P.S. 111 Jacob Blackwell School
3715 13th St
Distance between this listing and this school0.72 miles
Public Magnet Grades PK-8
5
/10
I.S. 204 Oliver W. Holmes School
3641 28th St
Distance between this listing and this school0.81 miles
Public Magnet Grades 6-8
Nearby Schools
4
/10
Information Technology High School
2116 44th Rd
Distance between this listing and this school0.14 miles
Public District Grades 9-12
2
/10
Newcomers High School
2801 41st Ave
Distance between this listing and this school0.41 miles
Public District Grades 9-12
6
/10
Academy of American Studies
2804 41st Ave
Distance between this listing and this school0.41 miles
The neighbors living near this home have an average income of $72,619. The majority of New York, NY residents have income between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 41-41 24th St
What is the listing price of this property?
The listing price of 41-41 24th St property is $6,875,000.
What type of property is this?
The property 41-41 24th St is land located in Long Island City, New York, 11101.
Is this property for sale now?
Active Listing: 41-41 24th St is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 41-41 24th St in Long Island City, NY and zip code 11101 in the Northwestern Queens neighborhood. This home sits on a 0.06 acre lot. It has been listed on Rocket Homes since October 17, 2024 and is currently priced at $6,875,000.
In October 2024 more than 269 listings in New York, NY were sold above the asking price. During the same period more than 850 listings were sold at asking price, while more than 833 were sold below. In October 2024 in New York, NY there were 1.8% more homes for sale than in September 2024. Listings spent 84 days on the market in October 2024, and had a median list price of $856,124 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 
Music Concerts
Music Concerts
Hiking/backpacking
Art Museums
H&M
Bloomingdales
Banana Republic
Chipotle
Starbucks
Boston Market
Volkswagen
Audi
Mercedes
Rhythmic Contemporary Hits
News