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

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!