Meridian Capital Group
Meridian Investment Sales

38-01 Queens Boulevard, Long Island City, NY 11101

38-01 Queens Boulevard, Long Island City, NY 11101

Northeast corner of Queens Boulevard and 38th Street
Long Island City, NY

Development Opportunity for Sale in Long Island City, NY

Type Development Site
Neighborhood Long Island City, NY
Properties One Property
Lot Size 22,500 Square Feet
Zoning Code M1-4

Investment Highlights:

  • Excavation, footings, foundation, elevator pits, & first-floor slab are completed and ready for vertical construction.
  • Con Ed service on site and vault work in place to accommodate a significant electric load for the building.
  • 325′ of wraparound frontage along Queens Boulevard & 38th Street
  • Brownsfeild credit offers a tangible property tax credit for reimbursement of 15% of hard construction costs up to $30M
  • Located within a Qualified Opportunity Zone
  • Ideally located along Queens Boulevard, just two blocks from the 7 train, 15 minutes from Midtown, Manhattan
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