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Long Island City site sells for mixed-use development

Century Development Group buys 16,000-square-foot parcel following rezoning
This Long Island City development site traded amid a neighborhood rezoning that allows for mixed-use development. (CoStar)
This Long Island City development site traded amid a neighborhood rezoning that allows for mixed-use development. (CoStar)
By Skyler Musselman with
March 30, 2026 | 7:52 P.M.

Century Development Group purchased a 16,000-square-foot development site at 1038 45th Road in New York's Long Island City neighborhood from RD Management for $15 million, or approximately $938 per square foot.

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News | Long Island City site sells for mixed-use development