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Two-Building Mixed-Use Property
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35-14 28th Avenue, Long Island City, NY 11103

Five-story walk-up buildings combine multifamily apartments with a leased corner deli and separate utility metering.

Property SizeContact for details
Days on Market144

Property Features for 35-14 28th Avenue

General Information

Standard status Active
Property subtype Mixed Use
Listing Agency: Meridian Capital Group Midtown
Listed By: Shallini Mehra · License #NY 10301207794
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 8:00PM

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 Meridian Capital Group Midtown

Investment Insights

Based on property information with market context.

This mixed-use property spans two tax lots and includes a pair of five-story walk-up buildings containing 51 apartments. The residential inventory is primarily composed of one- and two-bedroom units, supplemented by five three-bedroom apartments. A ground-floor deli occupies approximately 1,600 square feet at the corner and is leased through 2028. The commercial space has annual lease increases of over 4% each April 1 and is separately metered for utilities and water/sewer.

The property is in Astoria, Queens, with restaurants and shops on the surrounding blocks. Access to Long Island City and Midtown Manhattan is supported by proximity to the 30th Avenue N-W trains, located several blocks away. The two tax-lot addresses are 35-14 28th Avenue and 28-10 36th Street.

Key Highlights

  • 51 apartments across two five‑story walk‑up buildings
  • Residential mix is primarily one- and two‑bedroom apartments, plus five three‑bedroom units
  • Approximately 1,600‑square‑foot ground‑floor deli leased through 2028

Property Analytics

Current Use

Beer shack (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Real Estate Agency Nursing Home Garden Center Hotel & Motel Catering Service

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

Location Intelligence

Trade Area within ½ mile

4,029
Businesses Nearby

Demographics for 11103, NY

37,362
Population
18,833
Households
2
Avg Household Size
36
Median Age
52%
College-Educated
89%
High-School Grad
0.7 sq mi
ZIP Area
53,374
Density / Sq Mi
$92,787
Median Household Income
$59,050
Median Earnings
$2,120
Median Rent
$1,003,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Mixed-use property - Five-story walk-up buildings combine multifamily apartments with a leased corner deli and separate utility metering.
Where is this mixed-use property located?
The property is located at 35-14 28th Avenue Long Island City, NY.
What are key features of this property?
This property features: 51 apartments across two five‑story walk‑up buildings; Residential mix is primarily one- and two‑bedroom apartments, plus five three‑bedroom units; Approximately 1,600‑square‑foot ground‑floor deli leased through 2028
(212) 468-5958 Call to check price and availability
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