$1,550,000
Updated 6 years ago
Sold
40-37 27th Street
Long Island City, Queens | 40th Ave & 41st Ave
5 Beds2 Baths1,008 Square FeetMulti-Family
$1,550,000
floors / apts2 / 2
Lot Size25'x100'8"
Built Size21'x24'
ZoneM1-2/R
Building TypeHouse
RE Taxes$5,640
Price Per SF
$1,538
This property was sold for $1,550,000 on 06/05/20.
Property Description for 40-37 27th Street
Seize the opportunity of this LIC multi-family home which sits on a lot of 25 x100.83. Remove the home and build up the potential FAR of 5,042 Sf! The site is ideal for development and is zoned M1-2/R5B. Near the N W E M R 7 trains at Queens Plaza/Queensboro Plaza Stations and many trendy spots of Long Island City and Astoria Queens. Offered vacant and as is. Visit 40-37 27th Street in Long Island City, NY 11101.
Listing History for 40-37 27th Street
Now
06/05/2020
$1,550,000
Sold and Closed by George Arana
Brown Harris Stevens Residential Sales LLC
02/19/2020
Contract Signed by George Arana
Brown Harris Stevens Residential Sales LLC
Building Details for 40-37 27th Street
OwnershipMulti-Family
Building TypeHouse
AgePre-War
AccessWalk-up
Year Built1920
Floors/Apts2/2
Transit and Citi Bike
Subway
Queensboro Plaza
0.16 miles
Queens Plaza
0.22 miles
39 Av-Dutch Kills
0.27 miles
21 St-Queensbridge
0.3 miles
36 St
0.48 miles
Citi Bike
28 St & 41 Ave
0.08 miles
40 Ave & Crescent St
0.1 miles
Long Island City | Queens
Quick Profile
Long Island City, the name does sound a little far away, like it requires a lengthy drive to get to. Think, again. Long Island City, also known as LIC, is nestled in the western corner of Queens along the East River. Midtown Manhattan is closer to Long Island City than it is to downtown Manhattan.
LIC is bordered by Sunnyside to the east, the East River to the west, Astoria to the north, and Newton Creek which separates Queens from Greenpoint Brooklyn to the south.
A once-shabby manufacturing epicenter, the neighborhood is a mix of industrial, commercial and residential. In recent years it’s seen a rise in some seriously cool factors. Populated by young professionals, multi-ethnic immigrants, and hipsters, LIC has a happening nightlife scene, fantastic restaurants (some of them Michelin starred), art museums and galleries. Much of the waterfront access has been redeveloped into sustainable public green spaces with modern design.
Although much of the industrial / manufacturing companies have since left LIC, many still reside there. They tend to co-exist with new residential building development the same way they do in other neighborhoods like Williamsburg and Greenpoint.
Office building developers and business tenants play a vital role in LIC too. It’s considered New York City’s fourth central business district next to Midtown, downtown Manhattan and downtown Brooklyn.
As you traverse the streets of LIC, you’ll notice the change from block to block. Industrial warehouses on one block, a bustling Main Street, followed by a park block with sleek luxury high-rise buildings. It’s all part of the LIC vibe.
For a small neighborhood, the transportation links are excellent. For starters, you just can’t beat living one subway stop from Manhattan (7 train). Other train lines include E, M, R, N, Q, and the G lines. There are also less conventional methods of transportation like the NYC Ferry, which offers three ferry landings. There is no shortage of CitiBike’s in LIC either. Many folks commute to work by way of cycling over the Queensboro Bridge.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 78102TH
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