39-41 24th Street
$1,300,000
MLS# RLS20122710 · Long Island City
Listed October 26, 2026 · New today
5 Beds 3 Baths 2,290 Sq.Ft.
About This Property
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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Curtis Bain
Brown Harris Stevens
Property Features
Home features
- Private outdoor space (over 60 sq ft)
Estimate
Monthly Cost & Closing Costs
The rate is a placeholder, not a quote. Enter the one your lender gives you.
$7,142 / month
- Principal and interest$6,574
- Property taxes$568
Due at closing
- Down payment (20%)$260,000
- NYS “mansion tax” (1%)$13,000
- Mortgage recording tax (1.925%)$20,020
Not included: attorney, title insurance, lender and appraisal fees, board application and move-in fees, flip tax and prepaid items. Estimates only, based on the published New York State rates. Your attorney and lender will confirm the real figures.
Gallery
Property Photos
Listing Courtesy of Compass
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 The Real Estate Board of New York, Inc., All rights reserved.