For Sale · Listing by Compass
39-41 24th Street
Long Island City, Queens
$1,300,000
39-41 24th Street
MLS® #RLS20122710
Listing by Compass
- 5
- Bedrooms
- 3
- Baths
- 2,290
- Sq. Ft.
- 1920
- Year Built
Quick Summary
Property Highlights
- Character: Pre-war building (1920)
Property Details
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
Exterior Features
Building Information
Financial Details
About Long Island City
View All Long Island City ListingsLong 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 NeighborhoodActive 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
39-41 24th Street, Long Island City, Queens County
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
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
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
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) 416-7433Listing 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 Data display by Keller Williams NYC. Data last updated on 10/26/2026 at 6:41 PM UTC
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Sale history, taxes, violations and comps for this unit
Before you bid
Pre-Offer Report: 39-41 24th Street
At $1,300,000, the listing leaves out what decides the offer: the recorded sale history, the tax and abatement picture, open building violations and permits, and the closed sales that set the price. Milton prepares the report from public records. No obligation.
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What happens next
- 1Milton emails you today.
- 2A short call about what you want and when.
- 3The agreement arrives electronically after the call. Then showings.
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You're contacting Milton Coste, a buyer's agent. Before any private showing, New York brokerage rules require a short non-exclusive agreement. Milton walks you through it before you sign anything. Broker commissions are not set by law and are fully negotiable. How working together works.
Long Island City Market Update
14 sales last 30 days · $1.12M median · 10.1 months supply
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Quick Facts
Monthly Costs Estimate
$260,000
Source: Freddie Mac PMMS
Est. Monthly Payment
$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
Estimate based on the asking price. Confirm your own obligation with your real estate attorney.
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