Mixed-Use Building with Retail
For Sale
$4,950,000
Pending
5-46 50th Avenue, Queens, NY 11101
Commercial Sale, Queens, NY
Property Size5,190 SF
Lot Size0.06 Acres
Days on Market187
Property Features for 5-46 50th Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Bedrooms
6
Bathrooms
6
Full bathrooms
6
Rooms
Bedroom 3, Bedroom 5, Bedroom 2, Bathroom 4, Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 4, Bedroom 6, Bathroom 2, Bathroom 5, Bathroom 6
Subdivision
Long Island City
High school district
000000
Standard status
Pending
Size
5,190 SF
Lot size
0.06 Acres
Building Details
Architectural style
Other
Listing Agency:
Compass
(646) 982-0353
Listed By:
Erion Ahmetaj · License #10301219187
(917) 597-5736
Added: Mar 2
Changed: Sep 5
Last Checked: Sep 5 at 11:06AM
MLS# 11665518
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use building contains approximately 5,190 square feet on a 2,500-square-foot lot, with a 25-foot-wide by 42-foot-deep footprint. The configuration includes ground-floor retail, a rear artist studio, and four free-market residential apartments above. The residential units are currently vacant, allowing for future leasing without rent-stabilization restrictions. Pets are allowed.
Located in Long Island City near Vernon Boulevard and the East River waterfront, the property benefits from nearby transportation, open space, neighborhood retail, and residential density. The site is within an M1-4 / R6B zoning district and is identified as Building Class S3, primarily four-family with one store and office. The property carries a stated pro forma capitalization rate of approximately 5.5%.
Located in Long Island City near Vernon Boulevard and the East River waterfront, the property benefits from nearby transportation, open space, neighborhood retail, and residential density. The site is within an M1-4 / R6B zoning district and is identified as Building Class S3, primarily four-family with one store and office. The property carries a stated pro forma capitalization rate of approximately 5.5%.
Key Highlights
- Approximately 5,190 SF building on a 2,500 SF lot
- Ground‑floor retail with a rear artist studio
- Four free‑market residential apartments, currently vacant
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4,136
Businesses Nearby
Explore this area
Business Placement
Demographics for 11101, NY
48,867
Population
27,093
Households
1.8
Avg Household Size
33
Median Age
65%
College-Educated
90%
High-School Grad
2.6 sq mi
ZIP Area
18,795
Density / Sq Mi
$116,807
Median Household Income
$83,892
Median Earnings
$2,740
Median Rent
$995,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Retail, studio, and free-market apartments combine in a flexible Long Island City asset.
Where is this mixed-use property located?
The property is located at 5-46 50th Avenue Queens, NY.
What is the asking price?
The asking price for this property is $4,950,000.
What are key features of this property?
This property features: Approximately 5,190 SF building on a 2,500 SF lot; Ground‑floor retail with a rear artist studio; Four free‑market residential apartments, currently vacant
