The median home value in Long Island City, NY is $869,000.
This is
higher than
the county median home value of $655,000.
The national median home value is $308,980.
The average price of homes sold in Long Island City, NY is $869,000.
Approximately 29.32% of Long Island City homes are owned,
compared to 59.66% rented, while
10.01% are vacant.
Long Island City real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Long Island City real estate agent to arrange a tour today!
Learn more about Long Island City.
Shovel-ready development site for sale at 41-41 24th Street, Long Island City, offering a prime investment opportunity in one of NYC's fastest-growing neighborhoods. This 2,500 square foot lot comes with 25,009 gross buildable square feet and approved plans for a 13-story mid-rise elevator building. The plans include 24 one-bedroom units, each measuring 623 square feet, with two units per floor. The building will feature a ground-floor gym, a welcoming lobby, a basement for controls and mechanics, and a private rooftop lounge for residents. With a Floor Area Ratio (FAR) of 7.90 and M1-5/R9 zoning, this site allows for high-density residential development alongside light manufacturing or commercial uses. This makes it ideal for mixed-use projects that combine modern living spaces with office or retail components, catering to the area's evolving residential and business demands. Located in Long Island City, the property benefits from excellent transit access, with subway lines, shops, and cultural venues nearby. This development is poised to attract young professionals and businesses looking to capitalize on the vibrant, mixed-use environment that defines this thriving urban hub. A unique opportunity for developers seeking to contribute to the growth of Long Island City.
Prime development opportunity in LIC. Potential to have 1 commercial unit underneath for the whole with an FAR of 4. FAR of 3 for the residential portion to potentially build 10 units. This property features a 3-bedroom, 1-bath house built in 1920, spanning 1,540 square feet on a 0.05 acre lot. it's located one block from northern boulevard and is being sold in "as-is" condition. zoned m1-2/r6a, the house is about 22x35 feet (1,540 sqft), and the lot size is approximately 25x90 feet (2,254 sqft). the potential buildable area is 6,762 sqft. it's half a block from the 39th ave./dutch kills train subway station, making it very close to Manhattan.
CLEARED VACANT LAND ZONED M1-3 R7 FAR 5.0 LOCATED IN LONG ISLAND CITY EXCELLENT LOCATION