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Long Island City Triplex Opportunity
For Sale
$1,100,000
Pending

2123 33rd Avenue, Long Island City, NY 11106

Residential Income, Long Island City, NY

Property SizeContact for details
Lot Size0.06 Acres
Days on Market173

Property Features for 2123 33rd Avenue

General Information

Property type Residential Multi Family
Property subtype Triplex
Rooms Basement
Parking features Open
Interior features First Floor Bedroom, First Floor Full Bath
Basement Finished
Standard status Pending
APN 00555-0006
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 7948

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Building Details

Year built 1920
Number of units 3
Building materials Frame
Listing Agency: Compass Greater NY LLC
Listed By: Jagmeet S. Bedi · License #40BE1170282
Added: Mar 2 Changed: Aug 20 Last Checked: Aug 22 at 12:06PM
MLS# 978854

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

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. The property is currently tenant-occupied, which may limit interior access, and the buyer may need to purchase with tenants in place. While the property requires renovation, it offers potential for investors or end-users aiming to enhance its value. The property is located near transportation, shops, restaurants, and major highways. The lot size is approximately 0.0579 acres.

Key Highlights

  • Prime investment opportunity in Long Island City.
  • Rare three‑family property featuring two separate homes on one lot.
  • Potential for rental income, redevelopment, or long‑term appreciation.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Nursing Home Garden Center Pet Grooming Service Adult Day Care

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

5,508
Businesses Nearby

Demographics for 11106, NY

41,722
Population
21,681
Households
1.9
Avg Household Size
37
Median Age
52%
College-Educated
89%
High-School Grad
0.9 sq mi
ZIP Area
46,358
Density / Sq Mi
$85,573
Median Household Income
$62,254
Median Earnings
$2,032
Median Rent
$639,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

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 Avenue Long Island City, NY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Prime investment opportunity in Long Island City.; Rare three‑family property featuring two separate homes on one lot.; Potential for rental income, redevelopment, or long‑term appreciation.
More about this property
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