5224 35th Street Long Island City, NY $ 750,000
5224 35th Street
$ 750,000
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5224 35th Street

Long Island City, NY, 11101
$ 750,000
Bedrooms-- Baths-- Sq 1,500

Monthly Estimate*

$ 5,180

5224 35th Street, Long Island City, NY 11101 - Image 1
5224 35th Street, Long Island City, NY 11101 - Image 2
5224 35th Street, Long Island City, NY 11101 - Image 3
5224 35th Street, Long Island City, NY 11101 - Image 4
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5224 35th Street, Long Island City, NY 11101 - Image 8
5224 35th Street, Long Island City, NY 11101 - Image 9
5224 35th Street, Long Island City, NY 11101 - Image 10

Commercial Property for sale in Long Island City, NY

for $750,000. This 1,500 square foot building was built in 1931 on a lot size of 0.0266.

52-24 35th St, Long Island City, NY 11101 OWN YOUR SPACE — AND CONTROL YOUR LONG-TERM OCCUPANCY COSTS. A rare opportunity to purchase a vacant, partially renovated commercial building in Long Island City rather than continue leasing. This approximately 1,650 SF (825 SF per floor) detached property offers a flexible, move-in-ready layout with exposed brick, wood flooring, an updated kitchen with stainless steel appliances, and distinctive loft-style character. Its M1-1 zoning and existing Lodge Room (P2) classification provide potential for a wide range of commercial, creative, office, studio, fitness, meeting, food-related, and other business uses, subject to applicable approvals. Located along heavily traveled Van Dam Avenue, the property benefits from exceptional vehicle exposure and visibility—ideal for an owner-operator looking to establish a permanent business location. Highlights include: vacant delivery, approximately 1,650 SF, detached building, renovated interior, flexible-use potential, high-traffic location, low taxes, and—most importantly—the opportunity to own your commercial space, build equity, and gain greater control over long-term occupancy costs instead of paying rent. Ideal for an owner-user, entrepreneur, creative business, or investor seeking a versatile Long Island City commercial property. Buyer should independently verify zoning, permitted use, occupancy, and suitability with an architect or code consultant.

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Commercial Active

Price

$ 750,000

Property Type

Commercial

Taxes

$ 6,701

Style

Business

Lot Size

0.0266

Year Built

1931

Town/City

Long Island City

County/Region

Queens

MLS | Web ID

1049037

Features
General
Sewer Public Sewer
Heating Ducts
Cooling Wall/Window Unit(s)
Utilities Electricity Connected Natural Gas Available
Zoning M1-1
Construction Materials Brick
Year Built 1931
Property Subtype Business
Tax Year 2025
Parcel Number 00303-0027
Business Type Bar/Tavern/Lounge
County Queens
Property Type Commercial Sale
City New York
High School District Contact Agent
Property Attached Y/N Y
Tax Annual Amount 6701.48
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Contact Agent
Elementary School District Contact Agent
Tax Assessed Value 67050
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Interior
Basement Finished Walk-Out Access
Basement Features Finished Walk-Out Access
Basement (Y/N) Y
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Exterior
Water Source Public
Building Area Total 1500
Waterfront Y/N N
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Internal Only
Street Number 1 5224
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* Excluded Features
List By
Devon Benedict

Listing Agent

Real Broker Ny Llc

Broker

855-450-0442

Contact

Affordability Calculator

$5,738
Per Month
90%
10%
0%
Monthly Principal & Interest
$5,180
Monthly Property Taxes
$558
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4892106 Elementary School
4892561 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/23/2026$750,000 -3.85% Price Down
9/10/2026$780,000 Listed Price

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5224 35th Street, Long Island City, NY, 11101 is a Commercial Property for sale at $750,000 with 1,500 sqft and a lot size of 0.0266. 5224 35th Street was built in 1931. The property's zip code is 11101 which is in Long Island City, NY