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39-41 24th StreetQueens, NY 11101

For Sale

$1,300,000

Smart Buyer Rebate $16,250

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.

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Listed by Erion Ahmetaj

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Compass

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(917) 597-5736

Listed by Ergin Ahmetaj

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Compass

Last updated October 26, 2026

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Source: REBNY #RLS20122710

RLS Data display by Prevu Real Estate LLC

Listing Facts

  • TypeMulti-family
  • NeighborhoodLong Island City
  • Bedrooms5
  • Bathrooms3
  • Days on Prevu5
  • Taxes$6,816/year
  • Size2,290 sqft
  • Price per sqft$568

Location

Mortgage Calculator

Listing History

10/26/2026
Listed by Compass
$1,300,000
  1. 10/26/2026$1,300,000
    Listed by Compass

Estimated Closing Costs

Attorney Fees
$4,000
NYC Mansion Tax
$13,000
Title Insurance
$5,850
Bank Attorney
$1,500
Mortgage Recording Tax
$20,020
Other Closing Costs
$4,000
Total
$48,370

Estimated closing costs are based on the list price of $1,300,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 39-41 24th Street

Association

Amenities

  • Pets Allowed: Building No, No

Exterior

Construction

  • Number Of Units Total: 2
  • Stories Total: 3
  • Structure Type: Multi Family
  • Year Built: 1920
  • Entry Level: 1

Measurements

  • Building Area Total: 2,290
  • Building Area Units: SquareFeet
  • Lot Size Area: 1,502
  • Lot Size Dimensions: 15,021
  • Lot Size Units: SquareFeet

Financial

Taxes

  • Tax Annual Amount: $6,816.00

Interior

Measurements

  • Living Area: 2,290
  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 5
  • Rooms Total: 9

Other

Location

  • City Region: Queens
  • Subdivision Name: Long Island City
  • Tax Block: 00395
  • Tax Lot: 0005

Utilities

Equipment

  • Laundry Features: See Remarks

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 5 bedrooms and 3 bathrooms in this multi-family home at 39-41 24th Street.

What are the annual taxes for 39-41 24th Street?

Annual taxes for this multi-family home are estimated at $6,816.

How does 39-41 24th Street compare to other multi-family homes in Long Island City?

This multi-family home is listed 27% below the average price for multi-family homes in Long Island City and has been on the market for 133 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 2,290 sqft.

39-41 24th Street is a 5-bedroom, 3-bath multi-family home for sale in Queens NY 11101. Listed on Prevu for 5 days at $1,300,000. This residence features 2,290 square feet of living space, located in Long Island City. The median listing price for multi-family homes in this area is $1,050,000. Browse more multi-family home listings in Queens.

RLS Data display by Prevu Real Estate LLC The Registrant acknowledges each other RLS Broker's ownership of, and the validity of their respective copyright in, the Exclusive Listings that are transmitted over the RLS. The information is being provided by RLS at REBNY Listing Service, Inc. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. 2026 RLS at REBNY Listing Service, Inc. All rights reserved. Based on information from the Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity. 2026 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.