$10,000 Closing Credit¹
#L3558978, Listing Office: Douglas Elliman Real Estate
$10,000
closing credit¹
42-10 34th Ave Long Island City, NY 11101
$1,639,000 List price
$10,000
Closing credit¹
4 beds
3 full
Multi-Family
Property details
About 42-10 34th Ave
Discover a prime investment opportunity in Long Island City! This mix-use gem features two spacious 2-bedroom residential units spanning 1,404 sq. ft., alongside a thriving 707 sq. ft. pet grooming commercial space. Boasting a robust net income of $84,814. Situated in a vibrant locale, it's an ideal candidate for a 1031 exchange, ensuring both immediate profitability and long-term potential. Notably, the commercial tenant's past history enhances the investment's stability. Don't miss out on securing this lucrative property in an area ripe with opportunity!
Highlights
Home typeTriplex
HeatingOil
StatusActive
BasementYes
Year built1920
MLS #820476
Summary
- MLS Number: 820476
- MLS Name: ONEKEY2
- Office Name: Douglas Elliman Real Estate
- Office Phone: (917) 440-5635
Listings courtesy of OneKey MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.
Information Copyright 2025, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 2/9/2025, 5:11:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,639,000
42-10 34th Ave
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
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Nearby schools
6
P.S. 151 Mary D. Carter School
Public District PK-5
0.4 mi
•5005 31st Ave
7
P.S. 70 Queens
Public Magnet PK-5
0.5 mi
•3045 42nd St
8
P.S. 166 Henry Gradstein School
Public District KG-5
0.6 mi
•3309 35th Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $55,000. Typical income of Long Island City, NY residents is between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
37%
<35k
44%
35k-100k
14%
100k-200k
5%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
56%
Single, No Kids
6%
Single, with Kids
24%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
8%
<11 yrs old
6%
12-17 yrs old
37%
18-34 yrs old
39%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Tennis
Art Museums
Music Concerts
Where do the neighbors shop?
Crate & Barrel
Bloomingdales
H&M
Where do the neighbors go to eat?
Starbucks
Chipotle
Jack In The Box
What do the neighbors drive?
BMW
Audi
Volkswagen
What do the neighbors listen to?
News
Rhythmic Contemporary Hits
Jazz
All data provided by Home Junction and Claritas
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This home is located at 42-10 34th Ave in Long Island City, NY and zip code 11103 in the Northwestern Queens neighborhood. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 4, 2025 and is currently priced at $1,639,000.
Over 208 listings were sold over their listed price in January 2025 in Long Island City, NY. In the same period over 759 listings were sold below the listed price and 890 listings were sold for the listed price. The inventory of homes for sale in Long Island City, NY between December and January 2025 decreased by 3.4%. While the average time on the market in January 2025 was 79 days, the median list price was $862,270.
From Rocket Homes Real Estate and based on county public records data.