42-45 27th Street
MLS® #RLS10716200
Listing by Modern Spaces, LLC
Studio
0
Bath
1,232
Sq. Ft.
1911
Year Built
Quick Summary
Property Highlights
- Style: Prewar architecture
- Character: Pre-war building (1911)
Property Details
Description
Price Reduced! Situated in the heart of Court Square Long Island City on a 16.5' x 71' (approx) lot zoned M1-5/R7-3, the site allows for 5,700 buildable square feet of mix use development. The building has high ceiling with skylight windows, filling the space with natural light all day. There is also a kitchenette with a microwave, refrigerator and a sink. Basement is renovated, great size for storage with a washer and dryer in place. In addition, there's a half bathroom. There is a legal curb cut drive way in front of the building allows easy delivery and parking in building.The building is surrounded by many residential and office buildings, close to E, M, R, 7, N & W trains. Nearby retails such as Starbucks, Foodceller market and many restaurants. This is a prime location for a developer, owner/user looking to operate their business on-site, or an investor seeking investment opportunities.
Building Information
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
169
Median Asking Price
$1.20M
Median $/Sqft
$1,524
Avg Days on Market
N/A
New This Week
13
Price Reduced
16%
Sold (30 Days)
13
Median Sale Price
$1.27M
Live data from RLS at REBNY • Updated 4/19/26, 7:15 PM EST
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Location
42-45 27th Street, Long Island City, Queens County • Near 42nd Road/Queens Plaza South
Floor Plans
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
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Listing Courtesy of Modern Spaces, LLC - Crystal Yeung
Listing Contact: (718) 784-1110
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RLS Data display by Keller Williams NYC. Data last updated on 4/19/2026 at 11:15 PM UTC