Listed by BKREA
Unpriced
11-15 47th Avenue & 11-18 46th Road
Details
APN 56/18,56/35
Property Type Land
Sub Type Commercial
Square Footage 22,000
Tenancy Vacant
Buildings 2
Lot Size (SqFt) 22,000
Zoning M1-4/R6B, M1-4/R7A, LIC
Investment Type Redevelopment
11-15 47th Avenue & 11-18 46th Road, Long Island City, NY 11101
Marketing description
BKREA has been exclusively retained to arrange the sale of 11-15 47th Avenue & 11-18 46th Road, a premier development opportunity in Long Island City, Queens.
Location Details
- Comprised of two contiguous parcels in the heart of Long Island City.
- Features wraparound frontage along:
- 47th Avenue
- 46th Road
- 11th Street
- Located just outside the OneLIC rezoning area, allowing the property to retain its current as-of-right zoning while benefiting from anticipated neighborhood growth and investment.
Site Specifications
- As-of-right residential development potential:
- 81,479 square feet of ZFA
- 2.83 FAR
- Maximum residential development potential through UAP:
- 100,294 square feet of ZFA
- 3.49 FAR
- Suitable for either rental or condominium development.
Development Plans
- Supports a large-scale residential project with flexibility in product type and execution.
- Positioned to capitalize on the continued transformation and growth of Long Island City.
- Benefits from proximity to the broader OneLIC planning initiative without requiring rezoning.
Neighborhood Demand Drivers
- Located in one of New York City's fastest-growing residential and commercial submarkets.
- Excellent transportation access via:
- E, F, 7, and G subway lines
- Long Island Rail Road at Hunterspoint Avenue
- Convenient connections to Metro-North service through Grand Central Terminal
- Provides easy access to Manhattan, Brooklyn, and the greater New York metropolitan area.
- Supported by abundant neighborhood amenities, parks, and significant public and private investment.
Opportunity Highlights
- Rare opportunity to acquire a large-scale residential development site in core Long Island City.
- Significant as-of-right and enhanced-density development potential.
- Strong long-term fundamentals driven by transit connectivity, population growth, and ongoing neighborhood investment.
- Well-positioned to capture the upside of Long Island City's continued evolution and demand for new housing.
Investment highlights
- Wraparound Frontage - Prominent frontage across three streets providing exceptional visibility and Prominent three-street frontage along 47th Avenue, 46th Road, and 11th Street provides exceptional visibility, enhanced light and air exposure.
- Development Scale - 81,479 buildable square feet as-of-right, with a path to 100,294 square feet with UAP, across a 28,742 square foot block through lot supporting residential rental (under 99 units per building), condominium, or community facility development.
- Prime Long Island City Location - Positioned just beyond the OneLIC rezoning area, the Site benefits directly from accelerating neighborhood investment, including an expanded waterfront and new restaurant and retail development driven by one of New York City's most significant recently approved rezonings.
- Prime Transit Connectivity - Immediate access to the LIRR and multiple subway lines, including the 7, E, F, and G trains, providing direct, one-stop access to Grand Central in Midtown Manhattan, and seamless connections to Brooklyn and the broader NYC metro area.
Listing Contacts
Listed by BKREA
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Zoning
M1-4/R6B MixedMixed UseLight Manufacturing High Performance And General Residence
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View all 269 uses Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics
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