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$1,835,000
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Property Description
Prime retail investment opportunity in the heart of Long Island City. Approximately 1,468 SF ground-floor retail condominium with strong street visibility and stable bakery tenant in place. Current annual rent of $91,842 with lease secured through October 2031. Benefit from ICAP tax abatement, resulting in exceptionally low real estate taxes and attractive cash flow. Conveniently located within walking distance to E, F, M, R, and 7 subway lines. Ideal for investors seeking long-term income in one of NYC's fastest-growing neighborhoods.
Full Property Details
Full Property Details for 41-04 27th St #S1
General
- Price: $1,835,000
- Taxes: $3,036
- Status: Active
- Type: Retail
- Source: Long_Island
- MLS ID: 1027684
- Updated: 7/17/2026
- Added to Site: 47 day(s) ago
Business
- Business Type: Food & Beverage, Retail
Location
- County: Queens
School Information
- High School District: Contact Agent
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Sewer: Other
- Water: Other
- Utility Description: See Remarks
Structural Information
- Detached/Attached: Attached
- Construction: Other
- Entry Floor Number: 1
- Building Size: 1468
- Square Feet: 1,468
- Year Built: 2015
Lot Features
- Lot Size (Acres): 0.1148
- Lot Size (Sq. Ft.): 5,000
Financial Considerations
- Tax Amount: $3,036
Disclosures and Reports
- Special Conditions: None
- Property ID: 00415-1501
Listed by B Square Realty
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Schools
Schools serving 41-04 27th St #S1
School District:New York City Geographic School District 30
| Name | Grades | Distance |
|---|---|---|
Ps 112 Dutch Kills 25-05 37th Ave, Queens, NY 11101 | PK-5 | 0.5 mi |
Is 204 Oliver W Holmes 36-41 28th St, Queens, NY 11106 | 6-8 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 41-04 27th St #S1
Date
Details
Price
Change
Source
7/17/2026
Listed
$1,835,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 41-04 27th St #S1
Year
Property Taxes
Change
Tax Assessment
Change
2025
$14,796
3%
$147,707
7%
2024
$14,366
—
$137,481
-3%
2024
$14,366
2%
$141,354
6%
2023
$14,147
1%
$133,559
-4%
2022
$14,002
7%
$138,733
14%
2021
$13,042
—
$121,954
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 41-04 27th St #S1
4104 27th Street #S1, Long Island City, NY 11101 (MLS# 1027684) is a Retail property. 4104 27th Street #S1 is currently listed for $1,835,000 and was received on July 17, 2026. Want to learn more about 4104 27th Street #S1? Do you have questions about finding other Retail real estate for sale in Long Island City? You can browse all Long Island City real estate or contact a Coldwell Banker agent to request more information.

