
5224 35th Street, New York, NY, 11101
$750,000
$780,000
activeLot Size
1,158 sqft
Year Built
1931
Type
Commercial
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
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.
Listed by Devon Benedict, Real Broker NY LLC
Based on information submitted to the MLS GRID as of Oct 23, 2026, 2:23 PM UTC (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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