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$780,000 Just Listed
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Property Description
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 1,324 sq. ft. lot with two floors "¢ Renovated interior: exposed brick, engineered wood flooring, updated kitchen with stainless appliances "¢ M1-1 zoning supports office, studio, eating/drinking, 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.
Full Property Details
Full Property Details for 52-24 35th St
General
- Price: $780,000
- Taxes: $6,701
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 1049037
- Updated: 9/9/2026
- Added to Site: 2 day(s) ago
Business
- Business Type: Bar/Tavern/Lounge
Location
- County: Queens
School Information
- High School District: Contact Agent
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Ducts
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Available
Structural Information
- Detached/Attached: Attached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Finished, Walk-Out Access
- Building Size: 1500
- Square Feet: 1,500
- Year Built: 1931
Lot Features
- Lot Size (Acres): 0.0266
- Lot Size (Sq. Ft.): 1,158
- Zoning: M1-1
Financial Considerations
- Tax Amount: $6,701.48
Disclosures and Reports
- Special Conditions: None
- Property ID: 00303-0027
Listed by Real Broker NY LLC
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Schools
Schools serving 52-24 35th St
School District:New York City Geographic School District 24
| Name | Grades | Distance |
|---|---|---|
Ps 199 Maurice A Fitzgerald 39-20 48th Ave, Queens, NY 11104 | PK-5 | 0.6 mi |
Is 125 Thomas J Mccann Woodside 46-02 47th Ave, Queens, NY 11377 | 6-8 | 1 mi |
Long Island City High School 14-30 Broadway, Queens, NY 11106 | 9-12 | 2 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 52-24 35th St
Date
Details
Price
Change
Source
9/09/2026
Listed
$780,000
126.09%
MLS
4/05/2022
Sold
$345,000
—
Public Record
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 52-24 35th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,596
—
$63,990
4%
2025
$6,596
1%
$61,290
-5%
2024
$6,501
—
$64,350
5%
2023
$6,511
2%
$61,470
3%
2022
$6,372
11%
$59,850
12%
2021
$5,727
-12%
$53,550
-19%
2020
$6,487
5%
$66,150
2%
2019
$6,202
12%
$64,800
4%
2017
$5,526
—
$62,100
5%
2017
$5,526
5%
$58,950
6%
2016
$5,282
5%
$55,800
6%
2015
$5,016
15%
$52,650
9%
2014
$4,367
8%
$48,150
2%
2013
$4,047
—
$47,250
—
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 52-24 35th St
5224 35th Street, Long Island City, NY 11101 (MLS# 1049037) is a Commercial property. 5224 35th Street is currently listed for $780,000 and was received on September 09, 2026. Want to learn more about 5224 35th Street? Do you have questions about finding other Commercial 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.

