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    Long Island City, NY Residential Income Properties for Sale

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

    137-16 88th Street, Queens, NY 11417

    $999,000
    3,705 sqft 0.08 AC lot
    Five 1‑bedroom apartments with two units currently vacant for immediate leasing opportunities
    Brick five‑unit apartment building with an approximately 5% cap rate
    Private driveway plus garage for on‑site convenience
    Common laundry area and separate utility services
    Approximately 3,705 square feet building area on a 0.0755‑acre lot
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    This listing looks promising.

    Here's a quick look at some key insights for

    137-16 88th Street, Queens, NY 11417

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    • Est. Cap Rate

      9.1%
      Above avg (5.9%)

    • Est. NOI

      $91K
      Annual

    • Price @ 7% Cap

      $1.29M
      Above asking

    • Property Type

      Quadplex
      Built 1978
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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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    Semi-Detached Two-Family Home
    Semi-Detached Two-Family Home

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

    $999,000
    2,880 sqft

    Semi-detached two-family home with two separate units, eat-in kitchens, separate dining rooms, and an oversized finished basement.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    8-Unit Free-Market Apartment Building
    8-Unit Free-Market Apartment Building

    132-18 57th Rd, Queens, NY 11355

    $1,948,000
    5,280 sqft 0.09 AC lot

    Eight apartments feature separate boilers and gas meters, with tenants responsible for their own utilities.

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    Five-Unit Apartment Building with Detached Garage
    Five-Unit Apartment Building with Detached Garage

    1426 30th Dr, Astoria, NY 11102

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

    Five-unit walk-up with four 2-bedroom units and one 3-bedroom unit plus a detached three-car garage.

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    Brick Two-Family Home With Patio
    Brick Two-Family Home With Patio

    48-22 Oceania Street, Queens, NY 11364

    $1,649,000
    2,050 sqft

    Zoned R2A, this well-maintained two-family brick home includes a finished basement with separate entrance and a patio.

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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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    Two-Bedroom Residential Income Property
    Two-Bedroom Residential Income Property

    25-19 43rd Avenue 501, Queens, NY 11101

    $1,385,000
    970 sqft

    Contemporary condominium residence with split-bedroom planning, modern finishes, and access to extensive building amenities.

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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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    Corner Mixed-Use Building
    Corner Mixed-Use Building

    35-02 Ditmars Blvd, Queens, NY 11105

    $7,500,000
    4,500 sqft

    Three-story corner property combines retail frontage, residential apartments, separate utility metering, and basement storage.

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    Mixed-Use Apartment Building with Storefront
    Mixed-Use Apartment Building with Storefront

    92-06 95th Avenue, Queens, NY 11416

    $1,999,888
    4,500 sqft

    Five-unit mixed-use property with a ground-floor storefront and four residential units, plus a full basement and private backyard.

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    Two-Bedroom Residential Income Property
    Two-Bedroom Residential Income Property

    148-09 NORTHERN Boulevard 6L, Queens, NY 11354

    $749,000
    999 sqft

    Renovated condominium residence with a wood-burning fireplace, eat-in kitchen, and access to shared building amenities.

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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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    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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    Top-Floor Residential Income Property
    Top-Floor Residential Income Property

    23-11 21ST Avenue C3, Queens, NY 11105

    $579,000
    650 sqft

    One-bedroom condominium residence with an open layout, modern kitchen, walk-in closet, and in-unit laundry.

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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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    Six-Unit Apartment Building
    Six-Unit Apartment Building

    10-47 47TH Ave, Queens, 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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    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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    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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    Semi-Attached Corner Two-Story Home
    Semi-Attached Corner Two-Story Home

    62-68 60th Avenue, Queens, NY 11378

    $880,000
    1,848 sqft 0.03 AC lot

    Semi-attached single-family home on an irregular corner lot with a finished basement and additional top-floor level.

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    Residential Income Property with Rooftop Terrace
    Residential Income Property with Rooftop Terrace

    21-19 46th Avenue PH, Queens, NY 11101

    $1,499,999
    1,079 sqft

    Duplex two-bedroom, two-bath residence with a private rooftop terrace featuring a built-in stainless steel outdoor kitchen.

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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 Residential Income Properties Market Trends and Statistics

    Explore 723 residential income properties for sale in Long Island City, NY, showcased through 723 active listings on our real estate platform. These investment opportunities span a total of 660,633 square feet of properties for sale, with an estimated market value of $872,029,126.

    Sale prices for residential income properties in Long Island City, NY start at $129,888, averaging $1,339,522, 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

    Multifamily properties 824
    Apartment buildings 467
    Duplexes 199
    Triplexes 61
    Quadplexes 28

    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 $179.9K
    Queens Village $240K
    Woodside $242K
    Corona $244.9K
    Flushing $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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    Popular Searches in Long Island City, NY

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    Most Searched ZIP Codes in Long Island City, NY

    • 11101
    • 11106
    • 11105
    • 11102
    • 11103
    • 11368
    • 11377
    • 11372
    • 11373
    • 11104
    • 11354
    • 11375

    Featured Long Island City Real Estate Agencies

    Realmo connects you with licensed Long Island City CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Pinnacle Realty of New York LLC
    Long Island City, NY 11101
    www.pinaclereny.com/
    DY Realty Group
    Long Island City, NY 11106
    www.dyrealty.com
    Matthew Spiegel - Licensed Independent Broker
    Long Island City, NY 11101

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