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MLS ID KEY1049037Last updated Oct 23, 2026

Business

5224 35th Street

Active · Queens, NY 11101

Asking price$750,000Request a Showing
Year built
1931
Est. monthly taxes
$558.46
Property gallery0 / 10
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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.

Listing snapshot

Days on site
48 days
Listed on MLS
Sep 9, 2026
Annual property tax (MLS)
$6,701.48
Tax year
2025
Listing brokerage
Real Broker NY LLC
MLS ID
KEY1049037
Last updated
Oct 23, 2026

General features

Property type
Business
Year built
1931
Water source
Public
Sewer
Public Sewer
Utilities
Electricity Connected, Natural Gas Available

Interior features

Basement
Finished, Walk-Out Access
Heating
Ducts
Cooling
Wall/Window Unit(s)

Exterior features

Construction materials
Brick

Schools (MLS)

Elementary school district
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Middle school district
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High school district
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School information is provided by the MLS. Confirm attendance eligibility with the school district.

Recent activity

  1. Listing updated from MLS
  2. First seen on this site
  3. MLS status changed

Location

Queens, NY 11101Show interactive map
5224 35th Street

Queens, NY 11101

Google Maps directions

Listing data is supplied by the MLS and may change without notice.