Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
39-41 24th Street

For Sale · Listing by Compass

39-41 24th Street

Long Island City, Queens

$1,300,000

Interested in this property?
Active For Sale • Multi Family

$1,300,000

$568 per sq ft

39-41 24th Street

Long Island City, Queens

MLS® #RLS20122710

RLS at REBNY

Listing by Compass

5
Bedrooms
3
Baths
2,290
Sq. Ft.
1920
Year Built

Quick Summary

Bedrooms 5
Bathrooms 3
Living Area 2,290 sq ft
Lot Size 1,502 sq ft
Year Built 1920
Ownership None
Property Taxes $6,816/yr
Neighborhood Long Island City
Floor 1 of 3

Property Highlights

  • Character: Pre-war building (1920)

Property Details

Type Multi Family
Ownership None
Total Rooms 9
Baths 3 Full
Floor 1 of 3
Pets Yes
Year Built 1920
Living Area 2,290 sq ft
Structure Type MultiFamily
Furnished Unfurnished
Lot Size 1,502 sq ft
Block/Lot 00395/0005

Listing History

Event Date Price Change
Listed Oct 26, 2026 $1,300,000 -
Currently Oct 26, 2026 $1,300,000 -

Description

Renovation & Development Potential in Long Island City Bring your vision to 39-41 24th Street, a property currently configured as a two-family home with an opportunity to renovate and explore its additional development potential. In need of work, this property offers a starting point for buyers looking to customize a home or pursue an investment project in Long Island City. Property Details - Property classification: Miscellaneous Two Family (B9) - Approximate square footage: 1,460 sq. ft. - Building dimensions: 20 ft. × 35 ft. - Lot size: 1,502 sq. ft. - Lot dimensions: 20 ft. × 75.08 ft. Zoning & Potential Development - Zoning districts: M1-2/R5D - Special district: Long Island City Mixed Use District (LIC) - Current FAR: 0.97 - Existing built area per supplied zoning figures: 1,457 sq. ft. - Potential maximum buildable area: 4,506 sq. ft. - Potential additional buildable area: 3,049 sq. ft. Whether you envision updating the existing two-family layout or exploring a more comprehensive redevelopment, 39-41 24th Street offers an opportunity to shape the property’s next chapter. Enjoy Long Island City’s connections to Manhattan and beyond, along with a vibrant arts and cultural scene featuring destinations such as MoMA PS1 and Culture Lab LIC. Diverse dining options, shopping, and neighborhood parks add to the appeal of this dynamic Queens community. Don’t miss the opportunity to bring your vision to this Long Island City property. Schedule your private tour today. All measurements and zoning figures are approximate. Buyers should independently verify legal use, allowable floor area, and development feasibility with their architect or other qualified professionals. Additional buildable area is not guaranteed. Hide full description

Features & Amenities

Interior Features

See Remarks

Exterior Features

Private Outdoor Space Over60 Sqft

Building Information

Building Data View Compliance & Permits
Total Units 2
Stories 3
Structure MultiFamily

Financial Details

RE Taxes $6,816/yr ($568/mo)

Long Island City sits directly across the East River from Midtown Manhattan, reachable in one stop on the 7 train. LIC has added more than 12,000 residential units since 2015, transforming former industrial blocks into a corridor of glass-tower condos, converted loft co-ops, and rental high-rises along the waterfront. Gantry Plaza State Park, MoMA PS1, and the Hunters Point Library anchor the neighborhood’s cultural identity. Median condo prices run roughly 30-40% below comparable Manhattan waterfront units, drawing both first-time buyers and investors looking for appreciation in one of the city’s highest-growth zip codes.

Long Island City Live Market Data

View Neighborhood

Active Listings

142

Median Asking Price

$1.12M

Median $/Sqft

$1,541

Avg Days on Market

N/A

New This Week

5

Price Reduced

25%

Sold (30 Days)

14

Median Sale Price

$1.05M

Live data from RLS at REBNY • Updated 10/26/26, 2:41 PM EST

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Location

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39-41 24th Street, Long Island City, Queens County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1920
Year Built
106 years old
2
Floors
2
Residential Units
M1-2/R5D
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $72,480
Land Value: $16,860
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 1,502 SF
Building Area: 1,460 SF
Built FAR: 0.97
Allowed FAR: 2

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $0 per month. Confirm the exact amount with Milton Coste before making an offer.

The current listed annual property tax is $6,816, or roughly $568 per month. Verify the current assessment with your attorney before closing.

This property has 5 bedrooms and 3 full bathrooms.

The listed interior living area is 2,290 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1920, making it approximately 106 years old.

This listing is None

Pet policy requires confirmation with Milton Coste.

At the current list price of $1,300,000 for 2,290 sq ft, the asking price per square foot is approximately $568. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20122710
First Listed: 10/26/2026
On Market: 10/26/2026
Price Changed: 10/26/2026
Contract Date: 10/24/2026

Listing Courtesy of Compass - Erion Ahmetaj

Listing Contact: (917) 597-5736

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

How working with a buyer's agent works: I work for you, not the seller. Before I show you anything, New York brokerage rules ask us to put that in writing: an agreement and a disclosure that say I work for you and negotiate on your behalf. The agreement is non-exclusive: you can work with other agents, it runs for a short fixed term we agree on, and you can end it with a note. You may attend open houses independently without an agreement. Read how it works

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 10/26/2026 at 6:41 PM UTC

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Milton Coste - NYC Real Estate Broker

Milton Coste

Licensed Real Estate Associate Broker

Keller Williams NYC

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Sale history, taxes, violations and comps for this unit

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Long Island City Market Update

14 sales last 30 days · $1.12M median · 10.1 months supply

Read Full Report

New listings in this neighborhood

Quick Facts

Status Active Type Multi Family Neighborhood Long Island City Borough Queens
County Queens
Floor 1 of 3
Year Built 1920
First Listed 10/26/2026
Living Area 2,290 sqft
Annual Tax $6,816

Monthly Costs Estimate

Down Payment 20%

$260,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Est. Taxes $568
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Mansion tax applies at this price point

New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $1M to $1,999,999 at 1.00%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$13,000

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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