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 ceiling
1st Floor: Commercial use -about 14feet ceiling, Market Rent $12,000/m
2nd 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 Kitchen
3rd 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 Kitchen
Owner expenses:
-Property tax about $27,800/year
-Insurance about $4000/year
-Water bill about $650 every 3 months
Check the next building and learn the market rental price in this neighborhood:/mozart-39_04-29-street-long_island_city
Active
Price increase: $100K (5/20)
$3,700,000
3902 29th St, Long Island City, NY 11101
8beds
--sqft
Multi Family
Built in 1930
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 21 days
- on Zillow |
- 238 |
- 10 |
Zillow last checked: 7 hours ago
Listing updated: June 05, 2025 at 07:51am
Listing by:
Feast Realty Group 718-683-2978,
Meimei Wei
Source: StreetEasy,MLS#: S1772234
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
- Full bathrooms: 5
Property
Details
- Parcel number: 003980025
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1930
Community & HOA
Community
- Subdivision: Long Island City
HOA
- Services included: Maintenance
Location
- Region: Long Island City
Financial & listing details
- Tax assessed value: $1,389,000
- Date on market: 5/20/2025
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