rime income-producing commercial condominium opportunity in the heart of Long Island City. Units S3 and S4 offer approximately 1,404 SF combined and are occupied by an established dental practice. The combined units generate $61,367.52 in annual rental income.Located within a high-density residential neighborhood surrounded by new condominium developments, strong population growth, and convenient access to the E, F, M, R, and 7 subway lines. The property benefits from a ICAP tax abatement, resulting in low carrying costs and attractive cash flow. Ideal for investors seeking stable medical-office tenancy and long-term appreciation potential in the LIC market.
| MLS # | 1027693 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active |
| Year | 2015 |
| Days On Site | 106 |
| Listing Provided By | B Square Realty | Yiwen Zhu |
| SQ Feet | 1,570 |
|---|---|
| Acreage | 0.11 |
| Cooling | Central Air |
|---|---|
| Heating | Electric |
| Construction Materials | Other |
|---|---|
| Foundation Details | Other |
| Utilities | See Remarks |
|---|---|
| Sewer | Other |
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 3684 |
| State | NY |
|---|---|
| County | Queens |
| City | Long Island City |
| Zip Code | 11101 |
| Listing VS Median (in 11101) | |
Price: $1,123,200 low | high Med: $998,000 sqft: 1,570 low | high Med: 548 $ / sqft: $715 low | high Med: $1,821 On site: 106 low | high Med: 197 | |
| State | NY |
|---|---|
| County | Queens |
| City | Long Island City |
| Zip Code | 11101 |
| Listing VS Median (in 11101) | |
Price: $1,123,200 low | high Med: $998,000 sqft: 1,570 low | high Med: 548 $ / sqft: $715 low | high Med: $1,821 On site: 106 low | high Med: 197 | |