1,600 Sq. Ft.
$653 / Sq. Ft.
1,600
Sq. Ft.
$653
per Sq. Ft.

Description

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
...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!

Listing Agent

  1. NYM²

    NYM²

    Alternative Listing Agent

    Compass

    nym2@compass.com

    P: (917)-805-6656

Amenities

  • Street Scape
  • Private Yard
  • Patio
  • Deck
  • Common Outdoor Space
  • Hardwood Floors
  • Window AC Installed
  • Stainless Steel Appliances
LISTING UPDATED: 02/13/2025 07:17 AM

Property Details for 36-48 35th Street

StatusSold
MLS IDH6313372
Days on Market148
Taxes$619 / month
Maintenance-
Min. Down Pymt20%
Total Rooms7.0
Compass TypeTownhouse
MLS TypeHouse/Building
Year Built1901
Lot Size2,521 SF / 25' x 101'
CountyQueens County
Buyer's Agent Compensation1.5%

Building

36-48 35th St

2 Units2 StoriesBuilt in 1901
Add your commute

Building Information for 36-48 35th Street

Stories2Residences2Year Built1901Building Size25' x 32'Building Sq. Ft1,600 SFLot Size2,521 SF / 25' x 101'Building Age-Building Type-

Payment Calculator

$5,712 per month

30 year fixed, 6.15% Interest

Principal and Interest

$5,093

Property Taxes

$619

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

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Property History for 36-48 35th Street

DateEvent & SourcePriceAppreciationLink
Feb 5, 2025

Sold

Manual

$1,045,000
Feb 5, 2025

Sold (Public Record)

ACRIS #2025021100661001

$1,045,000
Nov 21, 2024

Contract Signed

Manual

Nov 17, 2024

Price Change

Manual

$1,100,000
Sep 23, 2024

Listed (Active)

Manual

$1,200,000
Sep 16, 2024

Temporarily Off Market

Manual

Jul 27, 2024

Price Change

Manual

$1,250,000
Jun 17, 2024

Listed (Active)

Manual

$1,275,000
DateEvent & SourcePrice
02/05/2025

Sold

Manual

$1,045,000
02/05/2025

Sold (Public Record)

ACRIS #2025021100661001

$1,045,000
11/21/2024

Contract Signed

Manual

11/17/2024

Price Change

Manual

$1,100,000
09/23/2024

Listed (Active)

Manual

$1,200,000
09/16/2024

Temporarily Off Market

Manual

07/27/2024

Price Change

Manual

$1,250,000
06/17/2024

Listed (Active)

Manual

$1,275,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 36-48 35th Street

Taxable ValueLand$15,180Additions$69,000Total$84,180
Home Facts
Total Finished SqFt1,600 SqFtLot Size2,521 SqFtYear Built1901ZoningM1-1APN4006340056

Schools near 36-48 35th Street

This home is within New York City Geographic District #30.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
P.S. 166 Henry Gradstein
PublicPK to 5

Is 204 Oliver W Holmes
Public6 to 8

Long Island City High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2026, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2026 The Real Estate Board of New York, Inc., All rights reserved.