36-48 35 Street, Long Island City, NY 11106

$1,200,000 Asking Price

3 beds
2 baths
1,600  sqft
Built in 1901

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!

Features & Amenities

Interior

General:
Walk-In Closet(s)
Basement:
Finished, Full, Walk-Out Access
Flooring:
Hardwood
A/C:
true, Window Unit(s)
Heating:
Natural Gas, Hot Water

Exterior

Style:
Townhouse, Two Story
Parking:
No Garage, On Street

Location

Originating MLS:
onekey
School District:
Queens 30
County:
Queens

Lot

Fencing:
Fenced

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
onekey
Exclusions:
None

This listing courtesy of:
Compass Greater NY, LLC

About Astoria, NY

Housing

Number of Units
69,392
Median Home Value
$795,444
Median Rent
$1,713

81.45% of housing units are renter occupied.

5.51% are vacant.

Commute

Car
12.47%
Public Transportation
49.50%
Walk to Work
4.35%
Work from Home
31.89%
Other
0.37%

The median travel time to work is 30 minutes.

People

Population
144,438
Median Age
36.00
Median Household Size
2.47

Education

High School
20.02%
Associate’s Degree
6.08%
Bachelor’s Degree
33.69%
Graduate Degree
18.75%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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