35 Street
Long Island City, Queens, NY
$1,200,000 Price
3 Bedrooms  

Contract Signed

Long Island City Multi-Family Investment Opportunity Available! Total Area: 1600 Sqft Unused FAR: 933 sqft Basement: approximately 600+ sqft , Full finished basement (below grade) Zoning: M1 - Light Industrial Opportunity Zone: Qualified Details 1st Floor Unit: Layout: 1 Bedroom, 1 Bath Apartment Current Status: Excellent tenant...

Long Island City Multi-Family Investment Opportunity Available! Total Area: 1600 Sqft Unused FAR: 933 sqft Basement: approximately 600+ sqft , Full finished basement (below grade) Zoning: M1 - Light Industrial Opportunity Zone: Qualified Details 1st Floor Unit: Layout: 1 Bedroom, 1 Bath Apartment Current Status: Excellent tenant paying $2000/month, or can be delivered vacant Features: Spacious living area, well-maintained, direct access to indoor/outdoor deck and large backyard, steady rental income. 2nd Floor Unit: Layout: 2 Bedroom, 1 Bath Apartment Current Status: Delivered vacant, ideal for short-term rentals or long-term lease Features: Proven success as a short-term rental, attractive layout. Basement: Status: Full finished, below grade Potential Use: Storage, additional living space, or conversion for other uses, has a 3rd Full Bathroom Additional Information: Unused FAR: 933 Sqft available for potential expansion. Don't miss this rare investment opportunity in a versatile property with significant income potential and development possibilities. Whether you're looking for a steady rental income or a successful short-term rental, this property has it all. For more information or to schedule a viewing, contact us today!

Listing courtesy of Compass Greater Ny Llc

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

Contract Signed
Long Island City, Queens, NY
Type:
Price: $1,200,000
Last Updated: 12/18/2024
Web ID: 6313372

Info & Amenities

Bedrooms: 3
Bathrooms: 2.0
Built: 1901

Get to Know Long Island City

Long Island City (LIC), nestled along the East River in Queens, New York, offers a unique blend of industrial charm and modern living. Its stunning skyline views of Manhattan make it a sought-after destination for both residents and visitors. LIC boasts a thriving arts scene, with museums like MoMA PS1 and the Sculpture Center, making it a hub for creative minds. The neighborhood also offers a range of parks, waterfront promenades, and cultural events throughout the year.

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