Multifamily

Long Island City, NY Multifamily Properties for Sale

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Five-Unit Brick Apartment Building
Updated: Jun 15
Five-Unit Brick Apartment Building

137-16 88th Street, Queens, NY 11417

$999,000
3,705 sqft 0.08 AC lot
5‑unit building with five 1‑bedroom apartments
Approximately 3,705 square feet of building area
Two units currently vacant
Approximately 5% cap rate
Private driveway and garage
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137-16 88th Street, Queens, NY 11417

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Multi-Level Duplex Property
Updated: Aug 17
Multi-Level Duplex Property

114-26 Dalian Court, Queens, NY 11356

$1,299,000
3,200 sqft 0.03 AC lot
3,200 square feet of interior space on a 0.0321‑acre parcel
Five‑bedroom, five‑bathroom configuration across multiple levels
Built in 2003 with brick construction
Three central air conditioning systems with separate heating and hot water units
Finished lower level with high ceilings, recreation area, storage, laundry, and backyard access
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6-Unit Apartment Building with Parking
6-Unit Apartment Building with Parking

48-41 45th Street, Sunnyside, NY 11377

$1,500,000
3,660 sqft

Fully occupied walk-up property with a mix of free-market and rent-stabilized one-bedroom apartments.

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Two-Family Home with Finished Basement
Two-Family Home with Finished Basement

10-37 BAY 31ST Street, Queens, NY 11691

$999,000
2,880 sqft

Semi-detached duplex with flexible living areas, private parking, and a detached garage.

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Six-Unit Apartment Building
Six-Unit Apartment Building

10-47 47th Avenue, Long Island City, NY 11101

$2,000,000
4,500 sqft 0.06 AC lot

Three-story multifamily property with stabilized apartments, a landscaped rear yard, basement space, and recent building-system upgrades.

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Six-Family Walk-Up Building
Six-Family Walk-Up Building

48-14 48th Street, Sunnyside, NY 11377

$1,500,000
3,960 sqft

Fully leased multifamily property with a mix of free-market and rent-stabilized apartments.

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Brick Duplex with Two-Car Garage
Brick Duplex with Two-Car Garage

48-22 Oceania Street, Queens, NY 11364

$1,649,000
2,050 sqft

Two-family layout with separate entrances, finished basement, private driveway, and flexible additional living space.

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5-Unit Apartment Building
5-Unit Apartment Building

99-02 212th Street, Queens, NY 11429

$1,500,000
1,440 sqft 0.05 AC lot

Brick ranch with R3-2 zoning, full basement, and parking in back, renovated within the last five years.

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Four-Unit Railroad-Style Quadplex
Four-Unit Railroad-Style Quadplex

61-12 55TH St, Queens, NY 11378

$1,285,000
1,350 sqft 0.06 AC lot

Four one-bedroom apartments offer separate kitchens, full bathrooms, and a potential owner-occupancy or rental strategy.

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Six-Unit Attached Apartment Building
Six-Unit Attached Apartment Building

31-51 35th Street, Astoria, NY 11106

$1,200,000
5,025 sqft 0.06 AC lot

Six attached apartment units in a stone-and-brick building with high ceilings, natural light, and 2-bedroom layouts.

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Detached Duplex with Private Backyard
Detached Duplex with Private Backyard

125-11 7th Avenue, Queens, NY 11356

$1,399,990
2,631 sqft 0.16 AC lot

R3A zoned detached duplex with a private backyard, saltwater pool, and split-system HVAC on each floor.

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Two-Family with Adjacent Development Lot
Two-Family with Adjacent Development Lot

25-44 22 St, Queens, NY 11102

$2,600,000
6,000 sqft

Combined parcels offer R5B zoning flexibility and substantial frontage for residential development planning in Astoria, Queens.

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Five-Unit Walk-Up Apartment Building
Five-Unit Walk-Up Apartment Building

1426 30th Dr, Astoria, NY 11102

$2,000,000
5,056 sqft 0.09 AC lot

Four two-bedroom residences and one three-bedroom residence create a varied unit mix in a classic walk-up property.

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Five-Unit Mixed-Use Building
Five-Unit Mixed-Use Building

92-06 95th Avenue, Queens, NY 11416

$1,999,888
4,500 sqft

Ground-floor retail space is paired with four residential apartments and additional basement storage.

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Six-Unit Brick Apartment Building
Six-Unit Brick Apartment Building

34-17 11th Street, Astoria, NY 11106

$1,900,000
4,242 sqft

Two-bedroom apartments, basement storage, laundry facilities, and updated mechanical equipment support the building’s residential configuration.

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Triplex with Newly Renovated Kitchen
Triplex with Newly Renovated Kitchen

341 Beach 67th Street, Queens, NY 11692

$900,000
2,206 sqft 0.09 AC lot

R5 zoned triplex with stainless appliances and on-street parking, featuring multiple bedrooms and an unfinished basement.

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Mixed-Use Restaurant Building with Apartments
Mixed-Use Restaurant Building with Apartments

14920 41st Ave, Queens, NY 11355

$2,388,000
5,200 sqft

Four-unit mixed-use building with restaurant space and high ceilings, supporting residential income with modern systems.

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Detached Six-Family Apartment Building
Detached Six-Family Apartment Building

22-08 120th Street, Queens, NY 11356

$1,680,000
4,300 sqft 0.11 AC lot

R4A-zoned detached six-family property with five recently renovated units, hardwood and tile finishes, and a private fenced driveway.

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Five-Unit Apartment Building
Five-Unit Apartment Building

101-30 45th Ave, Queens, NY 11368

$849,999
3,750 sqft 0.06 AC lot

Detached brick property with balconies, off-street parking, and separate electric metering.

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Duplex With Rear Parking for Four Cars
Duplex With Rear Parking for Four Cars

198-03 Hollis Ave, Queens, NY 11412

$999,000
3,000 sqft 0.04 AC lot

Duplex with one ground-floor retail storefront, finished basement for tenant storage, and rear parking for up to four cars.

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Triplex With Balconies
Triplex With Balconies

10306 35th Ave, Queens, NY 11368

$2,058,800
1,200 sqft

Three legal residential units feature separate entrances, private parking, and a finished basement with backyard access.

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Colonial Duplex with Finished Basement
Colonial Duplex with Finished Basement

42-21 249th Street, Queens, NY 11363

$999,000
1,410 sqft 0.08 AC lot

Four-bedroom Colonial duplex with a finished basement, deck, driveway parking, and public sewer service.

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Three-Unit Multifamily Property
Three-Unit Multifamily Property

10-41 51ST Avenue, Long Island City, NY 11101

$2,590,000
1,950 sqft

Configuration includes a studio, duplex, and two-bedroom residence with a private backyard.

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Mid-Rise Apartment Building with Six Floor-Through Units
Mid-Rise Apartment Building with Six Floor-Through Units

17-17 Madison Street, Queens, NY 11385

$2,095,000
5,600 sqft

Six floor-through apartments: four free-market and two rent-stabilized units with gas heating and a full basement.

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Long Island City, NY Multifamily Properties Market Trends and Statistics

Explore 605 multifamily properties for sale in Long Island City, NY, showcased through 605 active listings on our real estate platform. These investment opportunities span a total of 605,065 square feet of properties for sale, with an estimated market value of $732,771,455.

Sale prices for multifamily properties in Long Island City, NY start at $129,888, averaging $1,372,231, and reaching up to $16,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 463
Duplexes 198
Triplexes 62
Quadplexes 29

Demographics Overview

Population 216K
Population Growth (5Y) +7.8%
Median Household Income $101,067
College Educated 75.1%

High-Yield Neighborhoods for Investment

Identify Long Island City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
Jamaica - 11432 $179.9K
Queens Village - 11427 $240K
Woodside - 11377 $242K
Corona - 11368 $244.9K
Flushing - 11355 $333K

Taxes & Financing

Tax Rate (average for all types) 7.14%
Property Tax per SF $14.71 per SF
Tax Rate vs County Average 1.91 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Queens County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Queens County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Long Island City fall within the 25,000 to 50,000 square foot range.

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