Prime Investment Opportunity in Long Island City, NY – 3-Family Property with Endless Potential!
Located in the heart of Long Island City, this rare three-family property features two separate homes on one lot—offering a single-family home and a two-family home, both with basements for additional space.
Currently tenant-occupied, interior access is limited, and the buyer may need to purchase with tenants in place. While the property requires work, it presents a tremendous upside for investors or end-users looking to renovate and maximize value.
Situated in one of NYC’s fastest-growing neighborhoods, this property offers incredible potential for rental income, redevelopment, or long-term appreciation. Conveniently located near transportation, shops, restaurants, and major highways, this is an opportunity you don’t want to miss!
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Listing Snapshot
Price
$1,599,000
Days On Site
90 Days
Bedrooms
N/A
Inside Area (SqFt)
2,938 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.0579 Acres
Year Built
1920
MLS® Number
833825
Status
Active
Property Tax
$7,947.84
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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Recent Activity
2 weeks ago
Price changed to $1,599,000
2 weeks ago
Listing updated with changes from the MLS®
3 months ago
Listing first seen on site
General Features
Acres
0.0579
Property Sub Type
Triplex
Sewer
Public Sewer
SqFt Total
2938
Utilities
Natural Gas AvailableCable AvailableCable ConnectedElectricity AvailableElectricity ConnectedNatural Gas ConnectedSewer AvailableSewer Connected
Water Source
Public
Interior Features
Basement
Finished
Heating
Natural Gas
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Exterior Features
Construction Details
Frame
Listing courtesy of Compass Greater NY LLC jtbedi25@gmail.com
Based on information submitted to the MLS GRID as of 2025-06-09 02:43 PM EDT.
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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