$3,600,000
Updated 6 months ago
Off Market

39-02 29th Street

Long Island City, Queens | 39th Ave & 40th Ave

20 Rooms8 Beds5 Baths4,488 Square FeetIncome Property

$3,600,000
floors / apts3 / 4
Lot Size25'x100'11"
Built Size45'x25'
ZoneM1-2/R5D
Building TypeLow-Rise
RE Taxes$29,800
Price Per SF
$802

Building Amenities

  • Voice Intercom

Property Description for 39-02 29th Street

This building is Free Market. One of the Best locations, One of best buildings, One of best deals in LIC so far. must see. BY APPOINTMENT: text meimei wei at seven one eight / six eight three / two night seven eight.Rare opportunity - high cash flowing income property in the heart of Long Island City.Lot: 25’ by 100’.Every unit has own meter for gas and electric.New boiler.Basement: about 9 feet ceiling1st Floor: Commercial use -about 14feet ceiling, Market Rent $12,000/m2nd Floor: about 10 feet ceiling, 2 units 2 bedroom each. Spacious and able to have King/Queen beds. Market Rent: 2A about $4,500 2B about $4,500/m. Large bedrooms with Queen/King beds + large living room + open Kitchen3rd Floor: about 10 feet ceiling, 2 units 2 bedroom each. Spacious and able to have King/Queen beds. Market Rent: 3A about $4,500/m. 3B about $4,500/m. large bedrooms with Queen/King beds + large living room + open KitchenOwner expenses:-Property tax about $27,800/year-Insurance about $4000/year-Water bill about $650 every 3 monthsCheck the next building and learn the market rental price in this neighborhood:/mozart-39_04-29-street-long_island_city

Listing History for 39-02 29th Street

Now
02/10/2026
TOM by MeiMei Wei
Feast Realty Group
2026

Building Details for 39-02 29th Street

OwnershipIncome Property
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1930
Floors/Apts3/4
Learn More About the Building

Transit and Citi Bike

Subway

39 Av-Dutch Kills
0.11 miles
36 St
0.32 miles
Queens Plaza
0.34 miles
36 Av
0.35 miles
Queensboro Plaza
0.35 miles

Citi Bike

38 Ave & 29 St
0.1 miles
31 St & Northern Blvd
0.13 miles

Contact Agent

Contact Agent

Licensed As
Mei Mei Wei
Broker
License#:
10491212731
Company:
Feast Realty Group
MeiMei Wei
Feast Realty Group

Long Island City | Queens

Quick Profile

Long Island City, the name does sound a little far away, like it requires a lengthy drive to get to. Think, again. Long Island City, also known as LIC, is nestled in the western corner of Queens along the East River. Midtown Manhattan is closer to Long Island City than it is to downtown Manhattan.

 LIC is bordered by Sunnyside to the east, the East River to the west, Astoria to the north, and Newton Creek which separates Queens from Greenpoint Brooklyn to the south. 

 A once-shabby manufacturing epicenter, the neighborhood is a mix of industrial, commercial and residential. In recent years it’s seen a rise in some seriously cool factors. Populated by young professionals, multi-ethnic immigrants, and hipsters, LIC has a happening nightlife scene, fantastic restaurants (some of them Michelin starred), art museums and galleries. Much of the waterfront access has been redeveloped into sustainable public green spaces with modern design.  

 Although much of the industrial / manufacturing companies have since left LIC, many still reside there. They tend to co-exist with new residential building development the same way they do in other neighborhoods like Williamsburg and Greenpoint.

 Office building developers and business tenants play a vital role in LIC too. It’s considered New York City’s fourth central business district next to Midtown, downtown Manhattan and downtown Brooklyn.

 As you traverse the streets of LIC, you’ll notice the change from block to block. Industrial warehouses on one block, a bustling Main Street, followed by a park block with sleek luxury high-rise buildings. It’s all part of the LIC vibe.

 For a small neighborhood, the transportation links are excellent. For starters, you just can’t beat living one subway stop from Manhattan (7 train). Other train lines include E, M, R, N, Q, and the G lines. There are also less conventional methods of transportation like the NYC Ferry, which offers three ferry landings. There is no shortage of CitiBike’s in LIC either. Many folks commute to work by way of cycling over the Queensboro Bridge.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 103442TH