5224 35th St - Light Distribution FOR SALE


Long Island City, NY 11101- Blissville
$780,000 USD
914-415-6517
5224 35th St, Long Island City, NY for Sale
$780,000 USD
Light Distribution - FOR SALE
1/15
null | Request Cap Rate

5224 35th St
Long Island City, NY 11101
Blissville


HIGHLIGHTS

  • Heavy traffic
  • Two Egresses on Van Dam St and 35th St
  • Open Floorplan

OVERVIEW

Long Island City’s Hidden Gem: A Blank Canvas for Business or Creative Vision Tucked into the heart of Long Island City, this fully renovated 1500-square-foot standalone building offers a rare opportunity to own — not lease — your commercial space. Exposed brick walls, wide-plank wood flooring, and a sleek updated kitchen create a warm, loft-like interior that's move-in ready for studio, office, tech workspace, while the M1-1 zoning and existing Lodge Room (P2) classification open the door to flexible as-of-right commercial uses including: Yoga/Meditation/Fitness studio and Private banquet/meeting hall, Creative production space, tech workspace, real estate office, contractor or design studio, restaurant, café, catering kitchen, non-profit meeting space, religious or fraternal clubs. High-Value Features: • Fully detached, single-story building on its own 825 sq. ft. lot with two floors totaling 1650 sq. ft. • Renovated interior: exposed brick, engineered wood flooring, updated kitchen with stainless appliances. • M1-1 zoning supports office, studio, eating/drinking, food storage and recreation/assembly uses. • Existing Lodge Room (P2) use — ideal foundation for a private event, meeting, or creative hall concept. • Steps from Long Island City’s transit corridors and just over a mile to the nearest police precinct. • Low Taxes. Whether you're an owner-operator seeking a distinctive home base or an investor eyeing a flexible-use asset with upside, this property rewards a closer look. Schedule your private tour today — before this one-of-a-kind space is gone. Please confirm with an architect or code consultant to confirm occupancy for your specific use.

FOR SALE DETAILS

PRICE

$780,000 USD

PRICE/SF

$693 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

ADD'L SUBTYPES

Fast Food, Refrigeration/Cold Storage, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1931

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.02

LAND SF

825

ZONING

M1-1

APN/PARCEL ID

00303-0027

ASK ABOUT THIS PROPERTY

Devon BenedictReal BrokerageMore Info
914-415-6517

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Devon BenedictReal BrokerageMore Info
914-415-6517

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