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5224 35th Street

Long Island City, NY 11101 · Queens

Status
Active
On site
54 days

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About this home

52-24 35th St, Long Island City, NY 11101 OWN YOUR SPACE — AND CONTROL YOUR LONG-TERM OCCUPANCY COSTS. A rare opportunity to purchase a vacant, partially renovated commercial building in Long Island City rather than continue leasing. This approximately 1,650 SF (825 SF per floor) detached property offers a flexible, move-in-ready layout with exposed brick, wood flooring, an updated kitchen with stainless steel appliances, and distinctive loft-style character. Its M1-1 zoning and existing Lodge Room (P2) classification provide potential for a wide range of commercial, creative, office, studio, fitness, meeting, food-related, and other business uses, subject to applicable approvals. Located along heavily traveled Van Dam Avenue, the property benefits from exceptional vehicle exposure and visibility—ideal for an owner-operator looking to establish a permanent business location. Highlights include: vacant delivery, approximately 1,650 SF, detached building, renovated interior, flexible-use potential, high-traffic location, low taxes, and—most importantly—the opportunity to own your commercial space, build equity, and gain greater control over long-term occupancy costs instead of paying rent. Ideal for an owner-user, entrepreneur, creative business, or investor seeking a versatile Long Island City commercial property. Buyer should independently verify zoning, permitted use, occupancy, and suitability with an architect or code consultant.

Listed with Real Broker NY LLC · Devon Benedict · Source: OneKey MLS

One Key MLS

Information provided by One Key MLS, and is deemed reliable but not guaranteed accurate. Data last updated: Nov 2, 2026, 12:09 PM ET. ©2026 One Key MLS.

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$4,452.72Total / mo

Estimated monthly payment

Principal & interest
$3,694.30(83.0%)
Taxes
$558.42(12.5%)
Insurance
$200.00(4.5%)

Representative rates

Representative rates only, indicative for comparison. Edit the interest rate for your own quote; your lender’s numbers vary with credit, points, and insurance.

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Market insights

The market around Long Island City, NY

Current listings

New in the last 30 days

13

Nov 2026

Average price

Active listings

$1,532,094

Nov 2026

Average days on market

Active listings

157 days

Nov 2026

Computed from 131 active OneKey MLS listings in Long Island City, NY.

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