39-02 29th St #1, Long Island City, NY, 11101
About This Home
CORNER 4 FAMILY MIXED USE IN LONG ISLAND CITY Rare opportunity – high cash flowing income property in the heart of Long Island City. Projected Cap Rate is 8-9%. 1st Floor: (2,500sqft) Commercial Space -14feet ceiling+(1250sq ft Basement: 9 feet ceiling) Market Rent $12,000/m 2nd Floor:10 feet ceiling, 2 units, 2 bedroom Apartment. FREE MARKET 3rd Floor- 2 bedroom Apartments on each floor, Free Market 4 Car Garage Property tax: 27,590/year. Insurance: $4000/year. Lot: 25’ by 100’. Every unit has own meter for gas and electric. 4 years old boiler. Convenient location
Getting Around
Walker's Paradise
Very Limited Transit
Very BikeableSchools
Construction
Condition
- Year built: 1930
Type & Style
- Home type: SingleFamily
- Property subType: Building
Interior
Appliances
- Appliances included: Dishwasher
Bedrooms & Bathrooms
- Bathrooms: 1
- Full bathrooms: 1
Features
- Flooring: Hardwood
Interior Area
- Total structure area: 0
Property
Details
- Special condition: Resale
Parking
- Parking features: Garage
- Has garage: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Cold Wave
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Queens County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $18,582 | $222,984 |
| Home Insurance * | $1,318 | $15,816 |
| Property Taxes | $2,296 | $27,552 |
| Electricity | $246 | $2,954 |
| Total | $22,442 | $269,304 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-02-12 | Listed for sale | $3,675,000 |
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