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    Long Island City, NY Commercial Real Estate for Sale

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    Mixed-Use Building with Rear Parking
    Updated: May 28
    Mixed-Use Building with Rear Parking

    198-03 Hollis Ave, Queens, NY 11412

    $1,090,000
    3,000 sqft 0.04 AC lot
    Mixed‑use income property with 2 residential units and 1 ground‑floor commercial storefront, plus finished basement used by the tenant
    $7,255 monthly income ($87,060 annually): 3‑bedroom unit $2,555/month, studio $2,200/month, retail store $2,500/month
    Rear parking for up to 4 cars, supporting both residential tenants and commercial use
    Lot size 21 ft x 131.17 ft with building footprint 18 ft x 55 ft
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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

      6.7%
      Above avg (5.9%)

    • Est. NOI

      $73K
      Annual

    • Mortgage

      $356K
      Jun 2005

    • Last Sold

      Nov 2014
      $350K

    • Property Type

      Commercial Office/Residential (Mixed Use)
      Built 1940
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    Two-Story Commercial Warehouse With Garage
    Updated: Apr 21
    Two-Story Commercial Warehouse With Garage

    2449 47th Street, Astoria, NY 11103

    $2,399,000
    4,500 sqft 0.06 AC lot
    2018‑built 2‑story commercial warehouse with brick construction
    Over 4,500 sq ft of interior space with high ceilings
    Flat roof and attached built‑in garage with attached parking
    Tax abatement and low maintenance costs reported
    Large built‑in garage suited for business use or potential commercial tenant rental
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    Jamaica Queens Medical Office Suite
    Jamaica Queens Medical Office Suite

    8712 175th Street, Queens, NY 11432

    $475,000
    469 sqft 0.01 AC lot

    Versatile medical office in a high-traffic, accessible Jamaica location.

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    Mixed-Use Building in South Astoria
    Mixed-Use Building in South Astoria

    3076 Steinway Street, Astoria, NY 11103

    $2,390,000
    4,500 sqft 0.05 AC lot

    High-visibility mixed-use building with redevelopment potential in a prime location.

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    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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    Turnkey Full-Building Retail
    Turnkey Full-Building Retail

    30-75 Steinway Street, Astoria, NY 11103

    $2,700,000
    0.05 AC lot

    Fully renovated multi-level retail building with a full basement, designed for flexible owner-user and professional use.

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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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    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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    Ground-Floor Retail Condominium
    Ground-Floor Retail Condominium

    4104 27th Street, Long Island City, NY 11101

    $778,400
    0.11 AC lot

    Ground-floor retail condominium with a beauty/wellness tenant; lease runs through February 2028.

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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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    Mixed-Use Building in South Astoria
    Mixed-Use Building in South Astoria

    3076 Steinway St, Queens, NY 11103

    $2,390,000
    4,500 sqft

    High-visibility, mixed-use building with expansion potential in a prime location.

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    Commercial Development Land Parcel
    Commercial Development Land Parcel

    4175 Bowne Street, Queens, NY 11355

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

    For-sale development site on an 87-by-148-foot lot with C1-2/R3X zoning and a 60-by-70 building.

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    Leased Retail Condominium Unit
    Leased Retail Condominium Unit

    4104 27th Street #S2, Long Island City, NY 11101

    $2,041,000
    1,570 sqft

    Fully leased retail condominium unit occupied by a neighborhood deli, producing stated annual rental income.

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    Long Island City Development Opportunity
    Long Island City Development Opportunity

    33-67 11th Street, Long Island City, NY 11106

    $2,750,000
    4,265 sqft 0.10 AC lot

    Queens warehouse with development potential in a mixed-use district.

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    Corner Medical Office Building
    Corner Medical Office Building

    228-02 Merrick Boulevard, Queens, NY 11413

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

    Fully leased medical office building with elevator and ADA-compliant features on a prime corner site.

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    Ground-Floor Retail Condominium
    Ground-Floor Retail Condominium

    4104 27th St S1, Queens, NY 11101

    $1,835,000
    1,468 sqft

    Ground-floor retail condo leased to a bakery through October 2031 with current annual rent of $91,842.

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    Sunnyside Mixed-Use Building For Sale
    Sunnyside Mixed-Use Building For Sale

    4311 Queens Boulevard, Sunnyside, NY 11104

    $2,695,000
    0.04 AC lot

    Mixed-use building with commercial space and residential units in Sunnyside.

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    Renovated Medical Office Suite
    Renovated Medical Office Suite

    131-07 40th Rd #E06, Queens, NY 11354

    $1,688,000
    1,611 sqft

    Move-in ready suite with six treatment rooms and a large waiting area, supported by building security and elevators.

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    Astoria Boutique Development Opportunity
    Astoria Boutique Development Opportunity

    33-10 28th Avenue, Astoria, NY 11103

    $2,100,000
    2,723 sqft 0.06 AC lot

    Prime Astoria location, mixed-use development site with high-density zoning.

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    Prime Retail Condos in Woodside
    Prime Retail Condos in Woodside

    43-20 52nd St RS, Queens, NY 11377

    $2,850,000
    3,855 sqft

    Two retail condos in a high-traffic, accessible location.

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    Corner Lot with Vacant Warehouse
    Corner Lot with Vacant Warehouse

    31-15 14th Street, Long Island City, NY 11106

    $1,590,000
    0.06 AC lot

    Zoned R6B corner site with a vacant warehouse and as-of-right residential development capacity.

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    Flushing Mixed-Use Building For Sale
    Flushing Mixed-Use Building For Sale

    132-50 41ST Ave, Queens, NY 11354

    $7,500,000
    13,123 sqft

    Prime mixed-use building in Flushing, near transportation and amenities.

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    Long Island City Commercial Building
    Long Island City Commercial Building

    8-07 38th Avenue, Long Island City, NY 11101

    $3,999,999
    0.11 AC lot

    Industrial building with commercial kitchen and office space for sale.

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

    Explore 364 commercial real estate for sale in Long Island City, NY, showcased through 364 active listings on our real estate platform. These investment opportunities span a total of 742,533 square feet of properties for sale, with an estimated market value of $443,326,276.

    Sale prices for business properties in Long Island City, NY start at $38,000, averaging $4,433,262, and reaching up to $39,750,000 — 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
    South Ozone Park $1.5M
    Woodside $1.9M
    Astoria $1.9M
    Ridgewood $2.1M
    Long Island City $3.2M

    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
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    • 11106
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    • 11355
    • 11104

    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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