The subject property is a 3,670 square foot, single story industrial building located on 28th Street in the heart of Queens Plaza in Long Island City. The subject property has a footprint of 3,670 square feet zoned M1-5/R7-3 with 421-A eligibility. With this designation, up to 18,350 square feet of residential or mixed use space can be built on the lot. The subject property currently has a tenant in place paying $4,836 per month through October 2014. The property can be delivered vacant with 6 months notice. Steps away from N, Q, 7,M, G & E Trains, which are one stop away from the city.