3617 Greenpoint Avenue, Long Island City, NY 11101
Local realty services provided by:ERA Top Service Realty
3617 Greenpoint Avenue,Long Island City, NY 11101
$1,790,000
- 7 Beds
- 6 Baths
- 3,200 sq. ft.
- Multi-family
- Active
Listed by: yuemei yee
Office: winzone realty inc
MLS#:930973
Source:OneKey MLS
Price summary
- Price:$1,790,000
- Price per sq. ft.:$559.38
About this home
Huge Price Reduction. Prime Mixed-Use Investment Opportunity in Long Island City / Sunnyside Border!
Introducing 36-15 and 36-17 Greenpoint Avenue, a well-maintained mixed-use property featuring three renovated residential apartments and one ground-floor commercial space. Building area consists of TWO BUILDINGS totaling 3,200 sq ft within one tax lot. Gut renovated in year 2013. Each unit has their own meters and individual heating system. The property is 100% occupied, generating strong and consistent rental income with room for future upside.
Building 1: Two residential units each offer bright two-bedroom one bath. Building 2: Mixed-use with one residential offer three-bedroom and two-bath, and one commercial unit.
Located minutes from the 7 train at 40th Street and major bus routes, this property sits in a high-demand corridor surrounded by shops, schools, and new developments. Excellent visibility along Greenpoint Avenue makes it ideal for both investors and owner-users.
Highlights:
- Four total income-producing units (3 residential + 1 commercial)
- Gross annual rent approx. $150,385 with stable tenancy
- Separate utilities / low operating expenses
- Proximity to Queens Blvd, BQE, and Queens Midtown Tunnel
- Potential to increase rents with light value-add improvements
This is a turn-key asset with immediate income and long-term appreciation potential in one of western Queens’ most desirable investment pockets.
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Home facts
- Year built:1931
- Listing ID #:930973
- Added:69 day(s) ago
- Updated:January 09, 2026 at 11:41 AM
Rooms and interior
- Bedrooms:7
- Total bathrooms:6
- Full bathrooms:6
- Living area:3,200 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Year built:1931
- Building area:3,200 sq. ft.
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,790,000
- Price per sq. ft.:$559.38
- Tax amount:$40,928 (2025)
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