Long Island City (the L.I.C.) is a vibrant waterfront neighborhood in Queens. Its location on the banks of the East River means residents enjoy incredible views of the Manhattan skyline. The neighborhood's recently revitalized riverfront boasts 2 beautiful public parks. The 10-acre Hunter’s Point South Park features running trails, volleyball courts, basketball courts and a dog park. Gantry Park's grassy lawns and pedestrian piers invite visitors to have a seat on a bench, a chair, or one of the park's summer hammocks and gaze at unobstructed views of the Midtown skyline. A pedestrian promenade featuring several restaurants and cafés connects the parks. Long Island City has a reputation for being friendly to artists. It's home to MoMA’s PS1, several fine art schools, hundreds of independent artist's studios and scores of galleries. The neighborhood is also a hotbed of emerging cuisine, with many of New York's best independent restaurateurs seeking the neighborhood out. The real estate market in Long Island City is always active. The area's inventory includes luxurious new construction, condominiums with rooftop decks and secure parking, historic apartment buildings, industrial live-work spaces, multi-family buildings and classic 3-story walk-ups. Commercial real estate opportunities are equally rich, as are multi-use opportunities offering retail, food and beverage and residential development options. As the westernmost neighborhood in Queens, Long Island City. boasts a 15-minute commute to Manhattan on the 7 Train, and also offers service to Brooklyn on the G. At Asking Price Realty, we're proud to be part of the Long Island City community. We know the ins and outs of this lively, evolving part of New York. If you’ve got property you'd like to sell in the area, or if you're looking for your entry point into this exciting neighborhood, give us a call at (718) 227-7777. We look forward to meeting you.
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ML# :3543706 4 unit mixed use commercial building with private backyard. 1st floor is retail, currently used as restaurant, and duplex 2 bedroom, 2 full bath with finished basement and private backyard. The 2nd floor is 2 bedroom and 1 bath plus 3 bedrooms and 2 full bathroom, open kitchen with dining area, living room. Each unit has its own boiler and electric meter. Next to all. Great for self use and investor. Currently generate around $135k annual income, huge potential with increase in rent.
3615 Greenpoint Ave, Long Island City, NY, 11101
ML# :3541847 An exceptional eleven-unit mixed use building that offers a perfect blend of residential and commercial spaces. This four-story building boasts nine tastefully designed residential units and two expansive commercial units, all spread across a prime location in Astoria, NY. Each residential unit is well-appointed with contemporary fixtures and fittings, creating a comfortable and inviting space. Meanwhile, the two commercial units on the ground floor provide the perfect opportunity for entrepreneurs and business owners to establish a thriving business in a high-traffic area. As an added bonus, this property benefits from a 421A tax abatement lasting until 2031, providing significant tax savings for years to come. The commercial units also benefit from an ICAP tax abatement until 2030, further enhancing the appeal of this investment opportunity. Located just a ten-minute walk from the subway and retail high streets, this building offers a great location in the heart of Astoria. Residents can enjoy easy access to all the local amenities, including trendy cafes, bars, and restaurants, as well as supermarkets, shops, and more. In short, 38-01 31st Avenue is a truly exceptional investment opportunity that offers an impressive mix of residential and commercial spaces in a highly desirable location. Featured Commercial Sales., Building Size:9932
38-01 31st Avenue, Long Island City, NY, 11103
ML# :3535753 LOCATION, LOCATION LOCATION!!! Calling All Investors, Developers & End-Users!!! LOCATION, LOCATION, LOCATION!!! 2, 400+ Sqft. Development Site With M1-1 Zoning For Sale!!! The Property Features Great Exposure, Excellent Signage, Strong M1-1 Zoning, 6 Parking Spaces, High 10’ Ceilings, Fenced Yard, All New LED Lighting, 200 Amp Power, A/C, +++!!! The Property Is Located In The Heart Of Long Island City 1 Block Off Northern Blvd.!!! The Property Is Situated Minutes From The Queensboro Bridge Near The Museum Of The Moving Image!!! Neighbors Include Starbucks, Mercedes-Benz, Honda, Yamaha, Hilton Hotels, Marriott Hotels, The Home Depot, P.C. Richard & Son, CubeSmart Self Storage, Best Buy, Walgreens, Dunkin’, 7-Eleven, T-Mobile, Planet Fitness, Regal Cinemas, Marshall’s, Applebee’s Bar & Grill, Blink Fitness, YMCA, !!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: 3 Br. House: $42, 000 Ann.; Lease Exp. 3/1/25. LL: $21, 000 Ann. (Available) Pro Forma Gross Income: $63, 000 Ann. Expenses: Gas: $0 Ann. Electric: $0 Ann. Maintenance & Repairs: $250 Ann. Water & Sewer: $1, 800 Ann. Insurance: $784 Ann. Taxes: $7, 328 Ann. Total Expenses: $10, 162 Ann. Pro Forma Net Operating Income (NOI): $50, 788 Ann.
34-09 37th Avenue, Long Island City, NY, 11101
ML# :3532147 Available for sale for the first time in over 35 years. The UTOG Headquarters of Queens including 25-18 39th Ave. Approximately 13, 147 total square feet. Garage fits 15 vehicles. Multiple outdoor spaces include balcony’s, terraces, and roof deck., Additional information: vac_perc:100, Building Size:13147
25-20 39th Avenue, Long Island City, NY, 11101
ML# :3517737 Introducing a Corner End User/Value add property for sale, located in one the best exposed corner in the Dutch Kills subsection of Long Island City, NY With a lot size encompassing an approximate area of 4, 890 Sq. ft., the property features a two-story commercial property + usable basement covering 13, 800 sq. ft. With a high load capacity and large freight elevator, this property is easily adapted for multiple uses. Boasting a M1-3/R7X zoning classification and favorable floor area ratio (FAR) ratios, this property offers a versatile foundation for potential development. Seize the opportunity provided by as-of-right allowances to explore a residential and commercial buildable area of 24, 450 sq. ft. These generous FAR ratios open up exciting possibilities for residential, mixed-use, commercial, industrial and community facility development. The property’s strategic corner positioning ensures excellent visibility and accessibility, attracting a substantial flow of traffic. Its proximity to various transportation options, including the E, M, N, R, W & 7 subway lines and extensive bus lines, further enhances its appeal. Featured Commercial Sales., Building Size:9200
30-01 Northern Boulevard, Long Island City, NY, 11101
ML# :3516491 Welcome to a gem in the heart of Long Island City! This turnkey, 90% free market, investment property offers a unique opportunity to own a fully leased, recently renovated 8-unit multi-family building. With tenants already in place, you can start generating income from day one. All eight units are currently leased, providing a stable and consistent income stream for savvy investors. Benefit from the immediate returns of a property that is not only well-maintained but also in high demand in the thriving Long Island City rental market. Seize this opportunity to own a prime piece of Long Island City real estate. HIGHLIGHTS: Modern interior appliances and equipment All units are free market except for unit #6 (rent controlled). Located near Ed Koch Bridge and Queens & Queensboro Plaza station Close to retail corridor of Long Island City ? Easy access to N/W/R/E/7/M/F. Protected Tax Class (2B). Significant upside value. Featured Commercial Sales., Building Size:6020
40-29 23rd Street, Long Island City, NY, 11101
ML# :3513618 4 Story Brick Building all 1 Bedroom Apartment, Good Size 20 Units Well Kept Beautiful hallway, Intercom, Walk Up. Roof & Boiler Well Maintained., Building Size:50x87
34-12 29th Street, Long Island City, NY, 11106
ML# :3501332 1st floor= Store ( No lease, Month to Month) 2nd floor- Renovated 2Bedroom and 1BedroomApartments Next to N and W trains. Very Convenient Location, Close to All. Minutes to Manhattan., Building Size:2800
30-06 36th Avenue, Long Island City, NY, 11106
ML# :3499552 Prime Commercial Property in Long Island City. This recently renovated commercial building, strategically located in close proximity to waterfront Long Island City, offers unparalleled opportunities for businesses seeking a dynamic and accessible space. With over a million dollars invested in renovations, this property boasts modern amenities and versatile features. Key Features: Proximity to Subway Stops: Conveniently situated near Court Square and Queensboro Plaza subway stops (5 minutes’ walk), providing excellent accessibility for employees and clients. Nearby Landmark: Adjacent to the iconic Queensboro Bridge (1 block away for onramp) and Manhattan skyline, enhancing the building’s visibility and prestige. Building Specifications: Size: 10, 500 sq ft office building with an additional 7, 000 sq ft of parking space. Street Frontages: Boasting two street frontages totaling 150 ft+, maximizing visibility and accessibility. The building also includes a freight elevator to all three floors and a designated loading/unloading area. Interior Layout: Lower Level: 2, 750 sq ft of well-designed office space. Ground Floor: 3, 000 sq ft of office space featuring a conference room and separate vestibule. Second Floor: Private offices spanning 2, 750 sq ft. Warehouse Space: 2, 500 sq ft of flexible industrial/office space with a separate driveway, central HVAC, and ample natural light. Parking Facilities: Corner Parking Lot: A bonus corner parking lot with 106 ft of frontage on 43rd Ave and 49 ft on the adjacent street, providing ample parking space for employees and visitors. Featured Commercial Lease/Rentals, Building Size:10500
11-17 43rd Avenue, Long Island City, NY, 11101
ML# :3493786 2nd Generation Restaurant/Bar Space for lease. 1, 000 SF - 3, 945 SF Ground Floor Retail space divisible, Currently the space the bar area connected with hotel lobby, restaurant/bar tenants are welcome, asking $90 psf mg, base year tax included, Building Size:203184
29-15 Queens Plaza N, Long Island City, NY, 11101