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1,500 sqft

$750,000

5224 35th Street, Long Island City NY, 11101

Price per sqft$500.00
Built in1931
Property size1,500 sqft
Property typeCommercial
Courtesy of Real Broker NY LLC, Devon Benedict Listing Contact: 855-450-0442

Overview

Active

Listed Sep 9, 2026

Updated 2h ago

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.

Additional information

MLS® ID
1049037

Interior Features

Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.03 Acres

Other Property Details

Taxes
$6,701
Tax Frequency
Annually

Listings courtesy of OneKey MLS as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Farber Locke Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 2:25 PM UTC on 10/23/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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OneKey MLS. All rights reserved.

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