Updated 3 hours ago
New today

39-20 29th Street

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

10 Rooms3 Beds3 Baths2,505 Square FeetMixed Use

$2,280,000
floors / apts2 / 1
Lot Size25'x100'11"
Built Size24'x40'
ZoneM1-2/R
Building TypeLow-Rise
RE Taxes$7,056
Price Per SF
$910

Outdoor space and views

  • Backyard

Property Description for 39-20 29th Street

Versatile Property | Mixed-Use Zoning | Future Development PotentialLot size: 25x100.92An exceptional opportunity to own a versatile mixed-use property in the rapidly evolving Dutch Kills neighborhood of Long Island City. Offering a combination of existing commercial space, a renovated residential apartment, and potential future development, this property presents multiple possibilities for investors, developers, and end users alike.PROPERTY HIGHLIGHTS• First Floor: Medical office and retail storefront, offering flexible commercial-use potential.• Second Floor: Great condition- 3-bedroom apartment featuring 1.5 bathrooms and a private rear deck.• Basement: Fully finished, providing additional usable space.• Outdoor Space: Private backyard.• Separate Utilities: Utilities are separately metered for the commercial spaces and residential apartment, as applicable.MIXED-USE ZONING & DEVELOPMENT POTENTIALLocated within an M1-2/R5D zoning district in the Special Long Island City Mixed Use District, the property offers a compelling opportunity to explore a range of permitted uses, subject to applicable zoning regulations and approvals.Preliminary development estimate: approximately 7,500+ buildable square feet, subject to independent zoning analysis, architectural review, and all required governmental approvals.Whether you are considering redevelopment, repositioning the existing property, or holding for long-term appreciation, this site offers an opportunity to explore its full potential in one of Queens' dynamic growth markets.VACANT DELIVERY AT CLOSINGThe property is partially occupied under arrangements without written leases and will be delivered vacant at closing, providing the new owner with flexibility to plan future occupancy, renovations, or redevelopment.AN OPPORTUNITY WITH MULTIPLE POSSIBILITIESIdeal for developers evaluating a potential new project, investors seeking a strategic Long Island City acquisition, or end users looking to combine commercial and residential use in one property.Explore the possibilities. Unlock the potential. Make Long Island City your next investment.

Listing History for 39-20 29th Street

Now
10/20/2026
$2,280,000
Initial Price by Vlaho Baletin
Winzone Realty Inc.
Launch

Building Details for 39-20 29th Street

OwnershipMixed Use
Building TypeLow-Rise
AgePre-War
AccessWalk-up
Year Built1930
Floors/Apts2/1
Learn More About the Building

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: 109571TH