3617 Greenpoint AvenueLong Island City, NY 11101

Prime Mixed-Use Investment Opportunity in Long Island City / Sunnyside Border!

Introducing 36-15 and 36-17 Greenpoint Avenue, a well-maintained mixed-use property featuring three renovated residential apartments and one ground-floor commercial space. Building area consists of TWO BUILDINGS totaling 3,200 sq ft within one tax lot. Gut renovated in year 2013. The property is 100% occupied, generating strong and consistent rental income with room for future upside.

Two residential units offer bright two-bedroom one bath and one unit with three-bedroom two bath, each layouts with updated kitchens, hardwood flooring, and individual heating controls. The ground-floor commercial unit is leased to a stable local business with multi-year term remaining, providing reliable cash flow.

Located minutes from the 7 train at 40th Street and major bus routes, this property sits in a high-demand corridor surrounded by shops, schools, and new developments. Excellent visibility along Greenpoint Avenue makes it ideal for both investors and owner-users.

Highlights:
- Four total income-producing units (3 residential + 1 commercial)
- Gross annual rent approx. $150,385 with stable tenancy
- Separate utilities / low operating expenses
- Proximity to Queens Blvd, BQE, and Queens Midtown Tunnel
- Potential to increase rents with light value-add improvements

This is a turn-key asset with immediate income and long-term appreciation potential in one of western Queens’ most desirable investment pockets.