Mixed-Use Property with Carriage
For Sale
Contact for pricing
32-31 Greenpoint Ave, Long Island City, NY 11101
Two-building asset combines a ground-floor commercial space with residential apartments in Long Island City.
Property SizeContact for details
Days on Market144
Property Features for 32-31 Greenpoint Ave
General Information
Standard status
Active
Property subtype
Mixed Use
Site & Location
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 2BR, 6 x 1BR
Multifamily Units
6
Building Details
Buildings
2
Listing Agency:
Ariel Property Advisors
(212) 544-9500
Listed By:
Victor Sozio · License #NY 10301211469
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 29 at 3:26PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ariel Property Advisors
Investment Insights
Based on property information with market context.
This mixed-use property includes two buildings situated on one tax lot. The three-story front structure contains a ground-floor commercial store with apartments on the upper floors. A separate two-story carriage house at the rear provides additional residential space. The residential apartments are rent-stabilized, and the commercial occupancy is subject to a lease running through 2028.
The property is located on Greenpoint Avenue in Long Island City, between Long Island City and Sunnyside in Queens. The B24 bus route runs along the block, with access to the 7 subway line nearby. The asset is also positioned just off the Brooklyn-Queens Expressway, connecting the property with Manhattan, Brooklyn, Queens, and Long Island.
The property carries Tax Class 2A, with future tax increases limited to 8% annually and/or 30% over five years.
The property is located on Greenpoint Avenue in Long Island City, between Long Island City and Sunnyside in Queens. The B24 bus route runs along the block, with access to the 7 subway line nearby. The asset is also positioned just off the Brooklyn-Queens Expressway, connecting the property with Manhattan, Brooklyn, Queens, and Long Island.
The property carries Tax Class 2A, with future tax increases limited to 8% annually and/or 30% over five years.
Key Highlights
- Two buildings on one tax lot, including a three‑story front building and a two‑story rear carriage house
- Ground‑floor commercial store with apartments above in the front building
- Residential apartments are rent‑stabilized
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,685
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-building asset combines a ground-floor commercial space with residential apartments in Long Island City.
Where is this mixed-use property located?
The property is located at 32-31 Greenpoint Ave Long Island City, NY.
What are key features of this property?
This property features: Two buildings on one tax lot, including a three‑story front building and a two‑story rear carriage house; Ground‑floor commercial store with apartments above in the front building; Residential apartments are rent‑stabilized
