3827 28th St - Storefront Retail/Residential FOR SALE


Long Island City, NY 11101- LIC
$3,500,000 USD
917-597-5736
3827 28th St, Long Island City, NY for Sale
$3,500,000 USD
Storefront Retail/Residential - FOR SALE
1/16
null | 5.46% Cap Rate

Jun '25


3827 28th St
Long Island City, NY 11101
LIC


HIGHLIGHTS

  • Heavy foot Traffic, amazing location, property went through a full gut renovation.

OVERVIEW

Great for any in user or investment. Welcome to the Dutch Kills neighborhood of Long Island City minutes to the 59th Street Bridge and Manhattan. This free-market mixed use building was originally a 2500sf first floor commercial space built in 1930. In 2010 with a change in zoning upgrades to the original plus an additional 2 floors of residential were added on. What Makes this Building Special? This building maximizes its FAR (Floor Area Ratio), with the commercial space spanning the full 25' x 100' lot. The space has been enhanced by a loft studio, a gas-operated heating system, ample windows, and—most importantly—a roll-up gate to a garage area that allows parking for cars, vans, or work trucks. Additionally, the property features a legal curb cut for private parking. Residential Units There are 2 duplexes each a spacious 1500 sf consisting of 3 bedrooms, two and a half bathrooms equipped with a split system heating and cooling system, top of the line stainless steel appliances and washer/dryer. The 2R apartment features a 1,000 sq ft terrace while 2F has views of Manhattan and 2 balconies. Additionally 28th Street is elevated away from busy Queens Blvd. providing a more quiet neighborhood feel in addition to views. Building Details Building Class: Primarily Two-Family with One Store or Office (S2) Total Square Footage: 5,722 SF Building Dimensions: 25 ft x 99 ft Lot Dimensions: 25 ft x 100.42 ft Zoning: M1-2/R5B Property Breakdown Commercial Space: 2,500 SF with a loft studio and legal curb-cut parking Unit 2F: 1,500 SF, 3-bed, 2.5-bath duplex with a 1,000 SF private terrace Unit 2R: 1,500 SF, 3-bed, 2.5-bath duplex with two private balconies Don’t miss this rare opportunity to own in one of New York City’s most strategically urban neighborhoods with a residential feel. Whether you're looking for strong rental income potential , a place to operate your business or a little of both with easy access to key transportation routes, this property delivers. Steps from the RFK Bridge, Pulaski Bridge, Long Island Expressway (LIE), and Brooklyn-Queens Expressway (BQE), with quick access to Manhattan. Speaking of steps, you can also walk across the 59th Street Bridge as well into Manhattan.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$612 USD /SF

CAP RATE

5.46%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

M1-2/R5B

APN/PARCEL ID

00385-0004

ASK ABOUT THIS PROPERTY

Erion AhmetajCompassMore Info
917-597-5736

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Erion AhmetajCompassMore Info
917-597-5736

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.