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    Duplex With Rear Parking for Four Cars
    Updated: May 28
    Duplex With Rear Parking for Four Cars

    198-03 Hollis Ave, Queens, NY 11412

    $999,000
    3,000 sqft 0.04 AC lot
    Rear parking in the back for up to four cars
    Two residential units: 3‑bedroom apartment plus studio
    Ground‑floor retail storefront with access to the finished basement
    Finished basement currently utilized by the commercial tenant
    21 ft x 131.17 ft lot size
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    This listing looks promising.

    Here's a quick look at some key insights for

    198-03 Hollis Ave, Queens, NY 11412

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    • Est. Cap Rate

      7.3%
      Above avg (5.9%)

    • Est. NOI

      $73K
      Annual

    • Price @ 7% Cap

      $1.05M
      Above asking

    • Last Sold

      Nov 2014
      $350K

    • Property Type

      Commercial Office/Residential (Mixed Use)
      Built 1940
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    6-Unit Apartment Building with Parking
    Updated: Aug 18
    6-Unit Apartment Building with Parking

    48-41 45th Street, Sunnyside, NY 11377

    $1,500,000
    3,660 sqft
    Six one‑bedroom apartments, each approximately 600 square feet
    Three free‑market units and three rent‑stabilized units
    Three ground‑level parking garages provide additional income
    Fully rented six‑family walk‑up property
    All units in the building are lead exempt
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    Storefront Property with Loading Berth
    Storefront Property with Loading Berth

    37-14 34th Street, Long Island City, NY 11101

    $4,680,000
    0.46 AC lot

    Class B commercial building with multiple entry points and dedicated delivery access.

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    Renovated Full-Building Storefront
    Renovated Full-Building Storefront

    30-75 Steinway Street, Astoria, NY 11103

    $2,700,000
    0.05 AC lot

    Three full floors and a basement provide a flexible commercial layout on Steinway Street.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Full-Building Retail Opportunity
    Full-Building Retail Opportunity

    30-75 Steinway Street, Astoria, NY 11103

    $2,700,000
    4,600 sqft

    Renovated full-building retail space spans three floors plus a basement, offering turnkey condition for immediate occupancy.

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    Ground-Floor Retail Condominium
    Ground-Floor Retail Condominium

    4104 27th Street, Long Island City, NY 11101

    $1,835,000
    0.11 AC lot

    Ground-floor retail condominium with bakery tenant in place and a lease running through October 2031.

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    Five-Unit Mixed-Use Building
    Five-Unit Mixed-Use Building

    92-06 95th Avenue, Queens, NY 11416

    $1,999,888
    4,500 sqft

    Ground-floor retail space is paired with four residential apartments and additional basement storage.

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    Medical Office Condominium Units
    Medical Office Condominium Units

    4104 27th Street, Long Island City, NY 11101

    $1,123,200
    0.11 AC lot

    Units S3 and S4 are occupied by a dental practice and produce $61,367.52 in annual rental income.

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    Storefront Property with Loading Berth
    Storefront Property with Loading Berth

    37-14 34th St 1st FL, Queens, NY 11101

    $4,680,000
    13,104 sqft

    Class B commercial space provides separate entry points and dedicated loading capability for flexible operations.

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    Fully Leased Retail Condominium
    Fully Leased Retail Condominium

    4104 27th Street, Long Island City, NY 11101

    $2,041,000
    0.11 AC lot

    Fully leased neighborhood deli retail condo with ICAP tax abatement and $104,335 annual rental income.

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    Fully Leased Medical Office Space
    Fully Leased Medical Office Space

    228-02 Merrick Boulevard, Queens, NY 11413

    $15,000,000
    21,445 sqft 0.23 AC lot

    Medical build-out includes an elevator and ADA-compliant features.

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    Full-Floor Retail Suite with Elevator
    Full-Floor Retail Suite with Elevator

    146-17 Northern Blvd 2nd Fl, Queens, NY 11354

    $4,360,000
    8,000 sqft

    Entire second-floor retail space with elevator access, private entrance, and fully installed HVAC.

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    Church Campus with Community Buildings
    Church Campus with Community Buildings

    32-71 41st Street, Astoria, NY 11103

    $9,500,000
    27,000 sqft 0.25 AC lot

    Three-building institutional property includes worship, classroom, office, and assembly areas.

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    Detached Mixed-Use Building
    Detached Mixed-Use Building

    35-34 31st St, Queens, NY 11106

    $1,399,000
    1,350 sqft

    Two-unit property with classic brick construction and a finished basement for additional operational space.

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    Ground-Floor Storefront Property
    Ground-Floor Storefront Property

    4104 27th Street, Long Island City, NY 11101

    $778,400
    0.11 AC lot

    Retail condominium with an established beauty and wellness tenant and lease term extending through February 2028.

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    Brick Flat-Roof Retail Building
    Brick Flat-Roof Retail Building

    4175 Bowne Street, Queens, NY 11355

    $16,800,000
    4,232 sqft 0.25 AC lot

    Brick retail building on a commercial development lot zoned R3X/C1-2 in Queens, NY.

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    Professional Office Condominium Suite
    Professional Office Condominium Suite

    13631 41st Ave 8A, Queens, NY 11355

    $1,680,000
    1,223 sqft

    Office suite with multiple enclosed glass-partitioned rooms, open workspace, reception, restroom, and pantry.

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    Corner Commercial Land
    Corner Commercial Land

    39-49 29th Street, Long Island City, NY 11101

    $2,150,000
    0.09 AC lot

    M1-2R5D-zoned commercial land with public water and sewer service in Long Island City.

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    Two-Story Industrial Warehouse
    Two-Story Industrial Warehouse

    18-26 Steinway St, Queens, NY 11105

    $2,899,000
    4,457 sqft 0.06 AC lot

    New construction with M1-1 zoning, flexible owner-user functionality, and truck-friendly access in Western Queens.

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    Mixed-Use Masonry Building
    Mixed-Use Masonry Building

    3076 Steinway Street, Astoria, NY 11103

    $2,390,000
    0.05 AC lot

    Two-level property with basement space, C4-2A zoning, and approved plans for residential conversion.

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    Transit-Adjacent Office Unit
    Transit-Adjacent Office Unit

    133-38 41st Ave C8, Queens, NY 11355

    $1,159,000
    1,200 sqft

    Professional commercial space directly adjacent to mass transit in central Flushing.

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    Three-Building Mixed-Use Package
    Three-Building Mixed-Use Package

    148-04 35th Avenue, Queens, NY 11354

    $2,800,000
    5,368 sqft

    R7-1 zoning and 4.8 FAR support a range of residential and mixed-use planning considerations.

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    Office Condominium Suite on 9th Floor
    Office Condominium Suite on 9th Floor

    136-33 37th Ave 9A, Queens, NY 11354

    $2,198,000
    1,826 sqft

    Ninth-floor office condo in a full-service tower with elevator access, 24-hour security, and flexible vacancy for immediate use.

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    Duplex with Medical Office
    Duplex with Medical Office

    4014 Greenpoint Avenue, Sunnyside, NY 11104

    $1,499,000
    0.02 AC lot

    Mixed-use building combines an equipped medical office with a three-bedroom apartment and finished basement.

    View details

    Long Island City, NY Commercial Real Estate Market Trends and Statistics

    Explore 442 commercial real estate for sale in Long Island City, NY, showcased through 442 active listings on our real estate platform. These investment opportunities span a total of 2,240,357 square feet of properties for sale, with an estimated market value of $769,183,114.

    Sale prices for business properties in Long Island City, NY start at $37,000, averaging $2,756,928, and reaching up to $35,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 216K
    Population Growth (5Y) +7.8%
    Median Household Income $101,067
    College Educated 75.1%

    High-Yield Neighborhoods for Investment

    Identify Long Island City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Jackson Heights $430K
    Long Island City $1.8M
    Astoria $2.1M
    Ozone Park $4.2M
    Sunnyside $4.6M

    Taxes & Financing

    Tax Rate (average for all types) 7.14%
    Property Tax per SF $14.71 per SF
    Tax Rate vs County Average 1.91 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Queens County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Queens County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Long Island City fall within the 25,000 to 50,000 square foot range.

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    Most Searched ZIP Codes in Long Island City, NY

    • 11101
    • 11103
    • 11354
    • 11368
    • 11102
    • 11105
    • 11106
    • 11355
    • 11104
    • 11377
    • 11415

    Featured Long Island City Real Estate Agencies

    Realmo connects you with licensed Long Island City CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Pinnacle Realty of New York LLC
    Long Island City, NY 11101
    www.pinaclereny.com/
    DY Realty Group
    Long Island City, NY 11106
    www.dyrealty.com
    Matthew Spiegel - Licensed Independent Broker
    Long Island City, NY 11101

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