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    2123 33Rd Ave Long Island City, NY 11106

    Sponsored
    For Sale
    $1,400,000

    Triplex - Long Island City, NY

    Type:Triplex
    Property size:
    2,938 SF
    Lot size:
    0.06 Acres
    Days on Market:
    116
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 2123 33Rd Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Triplex
    Standard status
    Active
    Rooms
    Basement
    APN
    00555-0006
    Interior features
    First Floor Bedroom, First Floor Full Bath
    Basement Y/N
    1
    Size
    2,938 SF
    Lot size
    0.06 Acres

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1920
    Number of units
    3
    Building materials
    Frame
    Architectural style
    Other

    Compass Greater NY LLC (212) 913-9058 [email protected]

    Listing agent Jagmeet S. Bedi (516) 517-4866 License #40BE1170282

    Listing date Sep 12, 2025

    MLS# 833825 Listing URL

    Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Long Island City Triplex Opportunity

    Located in Long Island City, New York, this property features a three-family configuration with two separate homes situated on a single lot. The setup includes a single-family home and a two-family home, both equipped with basements that offer additional space. The property is currently tenant-occupied, which may limit interior access, and the buyer might need to purchase the property with existing tenants. While the property requires renovation, it presents a significant opportunity for investors or end-users aiming to renovate and increase its value. Situated in a rapidly developing neighborhood of New York City, this property offers potential for rental income, redevelopment, or long-term appreciation. The location provides convenient access to transportation, shops, restaurants, and major highways.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Long Island City
    County
    Queens
    State
    New York
    Longitude
    -73.931196
    Latitude
    40.764321

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    FAQs

    What type of property is this?
    Triplex - Three-family property in Long Island City with investment potential.
    Where is this triplex located?
    The property is located at 2123 33Rd Ave Long Island City, NY.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: - Rare 3-family property featuring two separate homes (single-family and two-family) on one lot in Long Island City.; - Located in a rapidly growing NYC neighborhood, offering potential for rental income and long-term appreciation.; - Includes basements in both homes for additional space.
    (646) 643-2334
    Request Owner's contact information
    2123 33Rd Ave Long Island City, NY 11106
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    Long Island City, NY 11106
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2123 33Rd Ave Long Island City, NY 11106
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