$3,675,000
For Sale
- ft²
1 room
Studio
1 bath
Mixed-use building
- Long Island City
Resale
Listing by Lot & Units Realty Inc, Real Estate Principal Office, 3211 35th Avenue, Lic, NY 11106
Listing updated in the last 2 days
Common charges
Not applicable
Estimated payment
$18,825/mo
Legal disclaimerAll calculations are estimates provided by StreetEasy for informational purposes only. Actual amounts or financing terms may vary. Please contact your mortgage provider for specifics.Taxes
No info
Tax abatement
No info
About
Seller’s agent
description
CORNER 4 FAMILY MIXED USE IN LONG ISLAND CITY
Rare opportunity – high cash flowing income property in the heart of Long Island City.
Projected Cap Rate is 8-9%.
1st Floor: (2,500sqft) Commercial Space -14feet ceiling+(1250sq ft Basement: 9 feet ceiling) Market Rent $12,000/m
2nd Floor:10 feet ceiling, 2 units, 2 bedroom Apartment. FREE MARKET
3rd Floor- 2 bedroom Apartments on each floor, Free Market
4 Car Garage
Property tax: 27,590/year.
Policies
Sorry, policy info isn’t available right now. Check back later.
Home features
Dishwasher
Hardwood floors
Building amenities
Services and facilities
Parking
Garage
Wellness and recreation
No info on wellness and recreation
Shared outdoor space
No info on shared outdoor space
About the building
39-02 29th Street
39-02 29th Street, Long Island City, NY 11101
4 units
3 stories
1930 built
Property history
- Price Change: No changes
- Days on market: Listed todayThis is the number of days the listing has been on StreetEasy.
| Date | Price | Event |
|---|---|---|
2/12/2026 | $3,675,000 | Listed by Lot & Units Realty Inc |
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Explore Long Island City
Transit
| Location | Distance |
|---|---|
NWat 39th Av | 0.11 miles |
MRat 36th St | 0.25 miles |
EMRat Queens Plaza | 0.27 miles |
NW7at Queensboro Plaza | 0.32 miles |
NWat 36th Av | 0.32 miles |
About Long Island City
Rental prices shown are base rent before any fees. Visit listings for cost and fees breakdown.
SalesMedian asking price
Studio
$730K
RentalsMedian asking base rent
Studio
$3,225
Once an industrial expanse of warehouses and taxi depots, Long Island City has seen remarkable change in the past two decades. Its waterfront is now lined with upscale, glassy new developments aimed at young professionals who seek luxury amenities and convenient access to Midtown. In 2018, Amazon chose this neighborhood as the site for one of its two new East Coast hubs, which means some industrial buildings and pothole-pocked streets will almost certainly give way to a gleaming new tech campus. New parks, restaurants, bars, and other amenities were already transforming this somewhat gritty area into a comfortable and scenic place to live and work — and with 25,000 new, high-paying jobs on the way, much more change is on the horizon.
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