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!
Sold for $1,045,000
$1,045,000
36-48 35 Street, Long Island City, NY 11106
3beds
1,600sqft
Duplex, Multi Family
Built in 1901
-- sqft lot
$1,078,500 Zestimate®
$653/sqft
$3,745 Estimated rent
Home value
$1,078,500
$971,000 - $1.20M
$3,745/mo
Zestimate® history
Owner options
List your home for rent
$3,745/mo
Rent Zestimate®
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$3,745/mo
Rent Zestimate®
Refinance and save
$6,310/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$6,310/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Jessica Meis 646-460-5311,
Compass Greater NY, LLC 914-725-7737
Bought with:
Ruri Nagai, 10401371372
Compass Greater NY LLC
Bianca A. Colasuonno, 40CO1073588
Compass Greater NY LLC
Source: OneKey® MLS as distributed by MLS GRID,MLS#: H6313372
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Hot Water
Cooling
- Wall/Window Unit(s)
Features
- Flooring: Hardwood
- Basement: Finished,Full,Walk-Out Access
- Attic: None
Interior area
- Total structure area: 1,600
- Total interior livable area: 1,600 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Levels: Two
- Fencing: Fenced
Lot
- Features: Near Public Transit, Near School, Near Shops
Details
- Parcel number: 006340056
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
- Attached to another structure: Yes
Condition
- Estimated
- Year built: 1901
Utilities & green energy
- Gas: Separate Gas Meters: 2
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Trash Collection Public
Community & neighborhood
Location
- Region: Astoria
Other
Other facts
- Listing agreement: Exclusive Right To Sell
Price history
| Date | Event | Price |
|---|---|---|
| 2/7/2025 | Sold | $1,045,000-12.9%$653/sqft |
Source:  OneKey® MLS as distributed by MLS GRID #H6313372 Report a problem | ||
| 11/30/2024 | Pending sale | $1,200,000+9.2%$750/sqft |
Source: OneKey® MLS as distributed by MLS GRID #H6313372 Report a problem | ||
| 11/22/2024 | Contingent | $1,099,000$687/sqft |
Source: StreetEasy #S1722738 Report a problem | ||
| 11/17/2024 | Price change | $1,099,000-8.4%$687/sqft |
Source: StreetEasy #S1722738 Report a problem | ||
| 8/10/2024 | Price change | $1,200,000-4%$750/sqft |
Source: OneKey® MLS as distributed by MLS GRID #H6313372 Report a problem | ||
| 7/27/2024 | Price change | $1,250,000-2%$781/sqft |
Source: OneKey® MLS as distributed by MLS GRID #H6313372 Report a problem | ||
| 6/18/2024 | Listed for sale | $1,275,000+183.3%$797/sqft |
Source: OneKey® MLS as distributed by MLS GRID #H6313372 Report a problem | ||
| 9/17/2014 | Listing removed | $2,200$1/sqft |
Source: TMT Realty Group LLC #2685244 Report a problem | ||
| 6/25/2014 | Listed for rent | $2,200$1/sqft |
Source: TMT Realty Group LLC #2685244 Report a problem | ||
| 12/2/2004 | Sold | $450,000+91.5%$281/sqft |
Source: Public Record Report a problem | ||
| 9/30/1999 | Sold | $235,000$147/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $71,100 +0.5% |
| 2024 | -- | $70,740 -11.9% |
| 2023 | -- | $80,280 -4.8% |
| 2022 | -- | $84,360 +20.7% |
| 2021 | -- | $69,900 +3.8% |
| 2020 | $7,330 +6% | $67,320 -2.1% |
| 2019 | $6,915 +7.3% | $68,760 +123.1% |
| 2018 | $6,447 +4.8% | $30,819 +2.1% |
| 2017 | $6,154 +2% | $30,190 |
| 2016 | $6,035 | $30,190 +4.6% |
| 2015 | $6,035 +87.7% | $28,856 +6% |
| 2014 | $3,215 | $27,223 +6% |
| 2013 | -- | $25,683 +2.1% |
| 2012 | -- | $25,159 |
| 2011 | -- | $25,159 +4.6% |
| 2010 | -- | $24,048 +6% |
| 2009 | -- | $22,687 +6% |
| 2008 | -- | $21,403 |
Find assessor info on the county website
Neighborhood: Long Island City
Nearby schools
GreatSchools rating
- 9/10Ps 166 Henry GradsteinGrades: PK-5Distance: 0.3 mi
- 8/10Is 204 Oliver W HolmesGrades: 6-8Distance: 0.3 mi
- 3/10Long Island City High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Contact Agent
- Middle: Contact Agent
- High: Contact Agent
Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- New York
- Queens County
- New York
- 11106
- Queens
- Long Island City
- 36-48 35 Street
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Nearby neighborhoods
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