Building
Type: | Low-rise |
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Era: | Pre-war |
Floors: | 4 |
Property
Ownership: | Mixed Use |
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Rooms: | 15 |
Bedrooms: | Studio |
Pets: | Pets Unknown |
FinancialsPrice:$3,100,000
Description10-54 47th Avenue – Mixed-Use Corner Building in the Heart of LIC. Please inquire for Offering Memorandum
A rare investment opportunity in one of Long Island City’s most sought-after neighborhoods, 10-54 47th Avenue is a fully leased, mixed-use corner property offering stable cash flow and long-term upside.
The building includes two commercial units (one at grade and one in the basement) and three floor-through residential units above — all spacious two-bedroom layouts. With a desirable mix of commercial and residential income streams, this property is well-positioned for both steady returns and appreciation in a rapidly developing area.
Located just off Vernon Boulevard and steps from Gantry Plaza, the 7 train, and the East River Ferry, the building benefits from strong foot traffic, residential demand, and continued local investment.
Mixed-use: 2 commercial units + 3 residential
Three spacious, full-floor 2BR apartments above
High-visibility corner lot with excellent natural light
Prime LIC location near transit, waterfront, and amenities
Zoned R6B – stable, income-producing asset with future upside
This is an ideal opportunity for investors seeking a quality asset in a high-growth neighborhood.
All showings by appointment only. Please do not disturb tenants.
Amenities- Elevator
NeighborhoodMore listings:
10-54 47th Avenue – Mixed-Use Corner Building in the Heart of LIC. Please inquire for Offering Memorandum A rare investment opportunity in one of Long Island City’s most sought-after neighborhoods, 10-54 47th Avenue is a fully leased, mixed-use corner property offering stable cash flow and long-term upside. The building includes two commercial units (one at grade and one in the basement) and three floor-through residential units above — all spacious two-bedroom layouts. With a desirable mix of commercial and residential income streams, this property is well-positioned for both steady returns and appreciation in a rapidly developing area. Located just off Vernon Boulevard and steps from Gantry Plaza, the 7 train, and the East River Ferry, the building benefits from strong foot traffic, residential demand, and continued local investment. Mixed-use: 2 commercial units + 3 residential Three spacious, full-floor 2BR apartments above High-visibility corner lot with excellent natural light Prime LIC location near transit, waterfront, and amenities Zoned R6B – stable, income-producing asset with future upside This is an ideal opportunity for investors seeking a quality asset in a high-growth neighborhood. All showings by appointment only. Please do not disturb tenants.
- Elevator
NeighborhoodMore listings:
10 54 47th Avenue Mixed Use Corner Building in the Heart of LIC.
Description10-54 47th Avenue – Mixed-Use Corner Building in the Heart of LIC. Please inquire for Offering Memorandum
A rare investment opportunity in one of Long Island City’s most sought-after neighborhoods, 10-54 47th Avenue is a fully leased, mixed-use corner property offering stable cash flow and long-term upside.
The building includes two commercial units (one at grade and one in the basement) and three floor-through residential units above — all spacious two-bedroom layouts. With a desirable mix of commercial and residential income streams, this property is well-positioned for both steady returns and appreciation in a rapidly developing area.
Located just off Vernon Boulevard and steps from Gantry Plaza, the 7 train, and the East River Ferry, the building benefits from strong foot traffic, residential demand, and continued local investment.
Mixed-use: 2 commercial units + 3 residential
Three spacious, full-floor 2BR apartments above
High-visibility corner lot with excellent natural light
Prime LIC location near transit, waterfront, and amenities
Zoned R6B – stable, income-producing asset with future upside
This is an ideal opportunity for investors seeking a quality asset in a high-growth neighborhood.
All showings by appointment only. Please do not disturb tenants.
Amenities- Elevator
NeighborhoodMore listings:
10-54 47th Avenue – Mixed-Use Corner Building in the Heart of LIC. Please inquire for Offering Memorandum A rare investment opportunity in one of Long Island City’s most sought-after neighborhoods, 10-54 47th Avenue is a fully leased, mixed-use corner property offering stable cash flow and long-term upside. The building includes two commercial units (one at grade and one in the basement) and three floor-through residential units above — all spacious two-bedroom layouts. With a desirable mix of commercial and residential income streams, this property is well-positioned for both steady returns and appreciation in a rapidly developing area. Located just off Vernon Boulevard and steps from Gantry Plaza, the 7 train, and the East River Ferry, the building benefits from strong foot traffic, residential demand, and continued local investment. Mixed-use: 2 commercial units + 3 residential Three spacious, full-floor 2BR apartments above High-visibility corner lot with excellent natural light Prime LIC location near transit, waterfront, and amenities Zoned R6B – stable, income-producing asset with future upside This is an ideal opportunity for investors seeking a quality asset in a high-growth neighborhood. All showings by appointment only. Please do not disturb tenants.
- Elevator
NeighborhoodMore listings:

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