River Bridge Tower 27-05 41st Ave 42 Unit Apartment Building $38,000,000 ($904,762/Unit) Long Island City, NY 11101

Presenting a well-maintained mixed-use asset located in the heart of Long Island City, one of New York City’s fastest-growing and most dynamic neighborhoods. Positioned within a dense residential and business community, the building benefits from exceptional transportation access, ongoing local development, delivering strong in-place income with upside potential.
Key Investment Highlights:
Prime LIC Location: Steps from major subway lines, neighborhood retail, and large-scale residential developments that continue to drive population growth and spending power.
Stable, Diversified Income: The building features ground-floor storefront with stable tenants, complemented by well-leased residential units above, minimizing vacancy risk.
High-Demand Rental Market: Long Island City remains one of NYC’s most sought-after rental submarkets due to its proximity to Manhattan and growing employment hubs.
Value-Add / Upside Potential: Opportunity to increase revenue through rent growth or strategic re-tenanting.
Strong Transit Connectivity: Immediate access to the E, M, R, N, W, 7, and G subway lines, Queensboro Bridge, and major highways—supporting both residential and commercial tenant demand.
Thriving Neighborhood: Surrounded by new residential towers, expanding retail corridors, cultural destinations (MoMA PS1), and vibrant dining and nightlife.
More information available upon request.