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Renovated Legal Two-Family Residence
For Sale
$1,498,000

5142 35th Street, Long Island City, NY 11101

Residential Income, Long Island City, NY

Property SizeContact for details
Lot Size0.06 Acres
Days on Market17

Property Features for 5142 35th Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 2
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 1, Bathroom 2, Bedroom 2, Basement, Bathroom 1, Bathroom 3
Interior features First Floor Bedroom, First Floor Full Bath, Entrance Foyer, Kitchen Island, Original Details, Washer/Dryer Hookup
Basement Finished, Walk-Out Access, Full
Elementary school Contact Agent
Middle school Call Listing Agent
High school Contact Agent
Elementary school district Contact Agent
Middle school district Contact Agent
High school district Contact Agent
Standard status Active
APN 00306-0045
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5885

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Baseboard
Cooling system Electric, ENERGY STAR Qualified Equipment, Separate Meters, Ductless, Central Air
Water source Public

Building Details

Year built 1880
Number of units 2
Flooring type Wood
Building materials Brick
Listing Agency: Keller Williams Landmark II · Keller Williams Realty
Listed By: Carlos Delgado
Added: Aug 15 Changed: Aug 29 Last Checked: Aug 31 at 10:06AM
MLS# 1039374

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.

This legal two-family residence at 5142 35th Street includes renovated interiors, wood flooring, custom cabinetry, integrated LED lighting, and spa-style bathrooms with full-slab tile. The home also features smart controls, a stone-slab electric fireplace, LOW-E windows, Navien heating, ductless and central air conditioning, and whole-house water filtration.

The fully finished basement measures approximately 10 feet in ceiling height and has two separate entrances, adding flexible space to the property. First-floor amenities include a bedroom, full bathroom, entrance foyer, kitchen island, and washer/dryer hookup. Built in 1880 on a 0.0579-acre lot, the brick residence is served by public water and public sewer.

Key Highlights

  • Legal two‑family residence with renovated interiors
  • Finished basement with approximately 10‑foot ceilings and two separate entrances
  • Navien heating plus ductless and central air conditioning

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Pet Grooming Service Tanning Salon Bed & Breakfast Restaurant

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

2,456
Businesses Nearby

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

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?
Duplex - Legal two-family property with a finished basement, separate entrances, and updated mechanical systems.
Where is this duplex located?
The property is located at 5142 35th Street Long Island City, NY.
What is the asking price?
The asking price for this property is $1,498,000.
What are key features of this property?
This property features: Legal two‑family residence with renovated interiors; Finished basement with approximately 10‑foot ceilings and two separate entrances; Navien heating plus ductless and central air conditioning
More about this property
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