36-48 35th Street
MLS® #RLS10970999
Listing by Compass
3
Bedrooms
2.5
Baths
1,600
Sq. Ft.
1901
Year Built
Quick Summary
Property Highlights
- Exposure: East,West facing
- Outdoor Space: Deck, Patio
- Climate Control: Wall Units
Property Details
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 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!
Features & Amenities
Interior Features
Exterior Features
Appliances
Building Information
Financial Details
About Long Island City
View All Long Island City ListingsLong Island City sits directly across the East River from Midtown Manhattan, reachable in one stop on the 7 train. LIC has added more than 12,000 residential units since 2015, transforming former industrial blocks into a corridor of glass-tower condos, converted loft co-ops, and rental high-rises along the waterfront. Gantry Plaza State Park, MoMA PS1, and the Hunters Point Library anchor the neighborhood’s cultural identity. Median condo prices run roughly 30-40% below comparable Manhattan waterfront units, drawing both first-time buyers and investors looking for appreciation in one of the city’s highest-growth zip codes.
Long Island City Live Market Data
View NeighborhoodActive Listings
167
Median Asking Price
$1.20M
Median $/Sqft
$1,524
Avg Days on Market
N/A
New This Week
11
Price Reduced
16%
Sold (30 Days)
15
Median Sale Price
$1.27M
Live data from RLS at REBNY • Updated 4/17/26, 1:47 PM EST
Similar Listings in Long Island City
View All
Active
42-51 Hunter Street #6D
Condo • RLS #RLS20073159
Active
27-17 42nd Road #7-E
Condo • RLS #RLS20078034
Active
42-62 Hunter Street #11A
Condo • RLS #RLS20076884
Active
3 Court Square #2902
Condo • RLS #RLS20068432
Active
3 Court Square #3201
Condo • RLS #RLS20079104
Active
24-16 Queens Plaza #7B
Condo • RLS #RLS20075592
Location
36-48 35th Street, Long Island City, Queens County
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Listing Courtesy of Compass - Jessica Meis
Listing Contact: (646) 460-5311
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 advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.
Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.
RLS Data display by Keller Williams NYC. Data last updated on 4/17/2026 at 5:47 PM UTC