10-54 47th Avenue – Mixed-Use Corner Building in the Heart of LIC. Please inquire for Offering Memorandum
A rare investment opportunity in one of Long Island City’s most sought-after neighborhoods, 10-54 47th Avenue is a fully leased, mixed-use corner property offering stable cash flow and long-term upside.
The building includes two commercial units (one at grade and one in the basement) and three floor-through residential units above — all spacious two-bedroom layouts. With a desirable mix of commercial and residential income streams, this property is well-positioned for both steady returns and appreciation in a rapidly developing area.
Located just off Vernon Boulevard and steps from Gantry Plaza, the 7 train, and the East River Ferry, the building benefits from strong foot traffic, residential demand, and continued local investment.
Mixed-use: 2 commercial units + 3 residential
Three spacious, full-floor 2BR apartments above
High-visibility corner lot with excellent natural light
Prime LIC location near transit, waterfront, and amenities
Zoned R6B – stable, income-producing asset with future upside
This is an ideal opportunity for investors seeking a quality asset in a high-growth neighborhood.
All showings by appointment only. Please do not disturb tenants.
Active
$3,100,000
10-54 47th Ave #47-UNIT 10-54, Long Island City, NY 11101
6beds
5,000sqft
Mixed-Use
Built in 2009
-- sqft lot
$3,035,100 Zestimate®
$620/sqft
$-- HOA
What's special
- 15 days
- on Zillow |
- 337 |
- 10 |
Zillow last checked: 7 hours ago
Listing updated: May 05, 2025 at 03:06pm
Listing by:
Charney Real Estate LLC 408-621-2068,
Phillip Wang
Source: StreetEasy,MLS#: S1769515
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 5
Interior area
- Total structure area: 5,000
- Total interior livable area: 5,000 sqft
Property
Details
- Special conditions: Resale
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Mixed-Use
Condition
- Year built: 2009
Community & HOA
Community
- Subdivision: Hunters Point
HOA
- Services included: Maintenance
Location
- Region: Long Island City
Financial & listing details
- Price per square foot: $620/sqft
- Date on market: 5/5/2025
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