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Three-Story Multifamily Building

517 51st Ave Long Island City, NY 11101

517 51st Ave, Long Island City, NY, 11101
$2,799,000
For Sale
$2,799,000

Three-story building with six one-bedroom residences, set about one block from Gantry Plaza State Park.

Days on Market169

Property Features for 517 51st Ave

General Information

Standard status
Active
Listing agency RE/MAX Frontier
Listed by Soon K. Jung
Source Exprealty
Added: Feb 3 Updated: Jul 21 at 2:51PM Checked: Jul 22 at 9:17AM

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 RE/MAX Frontier


Investment Insights

Based on property information with market context.

This refined three-story multifamily building features six well-appointed one-bedroom residences. The property offers a straightforward income-producing setup with six separate units within a classic, compact footprint.

The building is located about one block from Gantry Plaza State Park in Long Island City, with East River Ferry access nearby. The surrounding area includes nearby dining and cultural destinations.

For investors and buyers seeking a small-scale residential income property in Long Island City, the six-unit configuration provides a manageable portfolio size while maintaining proximity to the waterfront and commuter alternatives.

Key Highlights

  • Three‑story multi‑family building with six one‑bedroom residences
  • Located about one block from Gantry Plaza State Park

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Nursing Home Nursing Home (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Adult Day Care Pet Grooming Service Mobile Phone Store Daycare Center Auto Parts Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Three-story building with six one-bedroom residences, set about one block from Gantry Plaza State Park.
Where is this apartment building located?
The property is located at 517 51st Ave Long Island City, NY.
What is the asking price?
The asking price for this property is $2,799,000.
What are key features of this property?
This property features: Three‑story multi‑family building with six one‑bedroom residences; Located about one block from Gantry Plaza State Park
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