3827 28th St - Storefront Retail/Residential FOR SALE


Long Island City, NY 11101- LIC
$3,500,000 USD
917-597-5736
3827 28th St, Long Island City, NY for Sale
$3,500,000 USD
Storefront Retail/Residential - FOR SALE
1/16
null | 5.46% Cap Rate

Jun '25


3827 28th St
Long Island City, NY 11101
LIC


HIGHLIGHTS

  • Heavy foot Traffic, amazing location, property went through a full gut renovation.

OVERVIEW

Welcome to the Dutch Kills neighborhood of Long Island City minutes to the 59th Street Bridge and Manhattan. This free-market mixed use building was originally a 2500sf first floor commercial space built in 1930. In 2010 with a change in zoning upgrades to the original plus an additional 2 floors of residential were added on. What Makes this Building Special? This building maximizes its FAR (Floor Area Ratio), with the commercial space spanning the full 25' x 100' lot. The space has been enhanced by a loft studio, a gas-operated heating system, ample windows, and—most importantly—a roll-up gate to a garage area that allows parking for cars, vans, or work trucks. Additionally, the property features a legal curb cut for private parking. Residential Units There are 2 duplexes each a spacious 1500 sf consisting of 3 bedrooms, two and a half bathrooms equipped with a split system heating and cooling system, top of the line stainless steel appliances and washer/dryer. The 2R apartment features a 1,000 sq ft terrace while 2F has views of Manhattan and 2 balconies. Additionally 28th Street is elevated away from busy Queens Blvd. providing a more quiet neighborhood feel in addition to views. Building Details Building Class: Primarily Two-Family with One Store or Office (S2) Total Square Footage: 5,722 SF Building Dimensions: 25 ft x 99 ft Lot Dimensions: 25 ft x 100.42 ft Zoning: M1-2/R5B Property Breakdown Commercial Space: 2,500 SF with a loft studio and legal curb-cut parking Unit 2F: 1,500 SF, 3-bed, 2.5-bath duplex with a 1,000 SF private terrace Unit 2R: 1,500 SF, 3-bed, 2.5-bath duplex with two private balconies Don’t miss this rare opportunity to own in one of New York City’s most strategically urban neighborhoods with a residential feel. Whether you're looking for strong rental income potential , a place to operate your business or a little of both with easy access to key transportation routes, this property delivers. Steps from the RFK Bridge, Pulaski Bridge, Long Island Expressway (LIE), and Brooklyn-Queens Expressway (BQE), with quick access to Manhattan. Speaking of steps, you can also walk across the 59th Street Bridge as well into Manhattan.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$612 USD /SF

CAP RATE

5.46%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,500 SF

ZONING

M1-2/R5B

APN/PARCEL ID

00385-0004

ASK ABOUT THIS PROPERTY

Erion AhmetajCompassMore Info
917-597-5736

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Erion AhmetajCompassMore Info
917-597-5736

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.