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Shanti Tower 37-34 29th St Immeuble residentiel 24 lots 11 138 892 € (464 120 €/Lot) Long Island City, NY 11101
Certaines informations ont été traduites automatiquement.
INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- 421a tax abatement through 2027; ICIP benefits through 2036
- Optional path to condominium conversion
- Surrounded by new developments and cultural landmarks
- 25 residential units transitioning to free market status
- Located in Long Island City near major transit lines
- Excellent walkability and transit access scores
RÉSUMÉ ANALYTIQUE
Positioned in the heart of Long Island City, Queens, 37-34 29th Street presents a rare opportunity to acquire a newly constructed mixed-use building with substantial tax incentives and long-term upside. This six-story elevator property features 25 residential units—ranging from studios to two-bedrooms—and two commercial spaces, all built to modern standards. The building benefits from the 421a tax abatement through 2027 and the Industrial & Commercial Incentive Program (ICIP) through 2036, offering significant savings and enhanced investment returns.
The residential units will transition to free-market status upon expiration of the 421a program, providing flexibility for future rent growth or condominium conversion. Located in a rapidly evolving neighborhood, the property is surrounded by new developments and offers seamless access to Manhattan, Brooklyn, and other parts of Queens via the N, W, M, and R subway lines. The site’s zoning (R6A/R5B/M1-2) and buildable square footage of 22,065 SF further enhance its long-term development potential.
With a Walk Score of 96 and Transit Score of 100, residents and tenants enjoy unmatched connectivity. Nearby landmarks include Dutch Kills Playground, Queensboro Plaza, and the Tony Bennett-founded Frank Sinatra School of the Arts, adding cultural and recreational appeal. This asset is ideal for investors seeking a stabilized income stream with future upside in one of NYC’s most dynamic submarkets.
The residential units will transition to free-market status upon expiration of the 421a program, providing flexibility for future rent growth or condominium conversion. Located in a rapidly evolving neighborhood, the property is surrounded by new developments and offers seamless access to Manhattan, Brooklyn, and other parts of Queens via the N, W, M, and R subway lines. The site’s zoning (R6A/R5B/M1-2) and buildable square footage of 22,065 SF further enhance its long-term development potential.
With a Walk Score of 96 and Transit Score of 100, residents and tenants enjoy unmatched connectivity. Nearby landmarks include Dutch Kills Playground, Queensboro Plaza, and the Tony Bennett-founded Frank Sinatra School of the Arts, adding cultural and recreational appeal. This asset is ideal for investors seeking a stabilized income stream with future upside in one of NYC’s most dynamic submarkets.
INFORMATIONS SUR L’IMMEUBLE
| Prix | 11 138 892 € | Classe d’immeuble | B |
| Prix par lot | 464 120 € | Surface du lot | 0,07 ha |
| Type de vente | Investissement | Surface de l’immeuble | 2 719 m² |
| Nb de lots | 24 | Occupation moyenne | 100% |
| Type de bien | Immeuble residentiel | Nb d’étages | 6 |
| Sous-type de bien | Appartement | Année de construction | 2009 |
| Style d’appartement | De hauteur moyenne | Zone de développement économique [USA] |
Oui
|
| Zonage | R6A / R5B / M1-2 - R6 - Quartier résidentiel à densité moyenne | ||
| Prix | 11 138 892 € |
| Prix par lot | 464 120 € |
| Type de vente | Investissement |
| Nb de lots | 24 |
| Type de bien | Immeuble residentiel |
| Sous-type de bien | Appartement |
| Style d’appartement | De hauteur moyenne |
| Classe d’immeuble | B |
| Surface du lot | 0,07 ha |
| Surface de l’immeuble | 2 719 m² |
| Occupation moyenne | 100% |
| Nb d’étages | 6 |
| Année de construction | 2009 |
| Zone de développement économique [USA] |
Oui |
| Zonage | R6A / R5B / M1-2 - R6 - Quartier résidentiel à densité moyenne |
CARACTÉRISTIQUES
CARACTÉRISTIQUES DU LOT
- Climatisation
- Cuisine
- Baignoire/Douche
- Accessible aux fauteuils roulants (chambres)
CARACTÉRISTIQUES DU SITE
- Commerces sur place
- Service d’emballage
- Ascenseur
LOT INFORMATIONS SUR LA COMBINAISON
| DESCRIPTION | NB DE LOTS | MOY. LOYER/MOIS | m² |
|---|---|---|---|
| Studios | 4 | - | 49 |
| 1+1 | 10 | - | 65 |
| 2+2 | 10 | - | 79 |
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Walk Score®
Idéal pour les promeneurs (97)
Transit Score®
Un paradis pour l’usager (100)
Bike Score®
Très praticable en vélo (81)
TAXES FONCIÈRES
| N° de parcelle | Évaluation des aménagements | 467 528 € | |
| Évaluation du terrain | 33 417 € | Évaluation totale | 500 945 € |
TAXES FONCIÈRES
N° de parcelle
Évaluation du terrain
33 417 €
Évaluation des aménagements
467 528 €
Évaluation totale
500 945 €
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Shanti Tower | 37-34 29th St
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