5-38 47th Road
Description
Step into one of Long Island City's most compelling spaces, ideal for artists and creatives alike. This expansive property at 538 47th Road has a rich history as an art studio, boasting both charm and functionality with a total 4,735 sq ft across two levels. The building’s high ceilings, large windows, and skylights flood the space with natural light, enhancing its rustic, warehouse-meets-modern aesthetic....Just Listed in Long Island City! Unique Live/Work Opportunity in the Heart of NYC’s Art Scene
Step into one of Long Island City's most compelling spaces, ideal for artists and creatives alike. This expansive property at 538 47th Road has a rich history as an art studio, boasting both charm and functionality with a total 4,735 sq ft across two levels. The building’s high ceilings, large windows, and skylights flood the space with natural light, enhancing its rustic, warehouse-meets-modern aesthetic.
Property Highlights:
Upper Level: 2,379 sq ft with soaring 13'10'' ceilings
Lower Level: 2,356 sq ft with 9'3" ceilings
Features:
Expansive, light-filled main level
Skylight reaching 19'2'' for an open, airy feel
Full kitchen and 1.5 bathrooms for convenience
Ample back office space
Beautiful proximity to the waterfront and LIC's vibrant art community
With an unused FAR of 2,563 sq ft, this property presents an incredible opportunity for further customization. Whether you’re seeking a unique live or a one-of-a-kind studio, this location captures the essence of NYC’s creative spirit.
For those ready to own a piece of LIC’s thriving art scene, this property is a rare find that blends flexibility, functionality, and unmistakable character. Don’t miss out!
Listing Agents
![Erion Ahmetaj]()
erion.ahmetaj@compass.comP: (917)-597-5736
![Ergin Ahmetaj]()
ergin.ahmetaj@compass.comP: (917)-836-4151
Amenities
- Exposed Brick
- Crown Mouldings
- Decorative Mouldings
- High Ceilings
- Laundry in Building
- Central AC
- Air Conditioning
- Southern Exposure
Property Details for 5-38 47th Road
| Status | Sold |
|---|---|
| Days on Market | 13 |
| Taxes | $737 / month |
| Maintenance | - |
| Min. Down Pymt | - |
| Total Rooms | 4.5 |
| Compass Type | Townhouse |
| MLS Type | Mixed Use |
| Year Built | 1931 |
| Lot Size | 2,538 SF / 25' x 100' |
| County | Queens County |
| Buyer's Agent Compensation | 2.5% |
Building
5-38 47th Rd
Location
Sold By Compass
Building Information for 5-38 47th Road
Payment Calculator
$11,947 per month
30 year fixed, 6.15% Interest
$11,210
$737
$0
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1Property History for 5-38 47th Road
| Date | Event & Source | Price | Appreciation | Link |
|---|---|---|---|---|
| Jan 16, 2025 | Sold (Public Record) ACRIS #2025012100383001 | $2,300,000 | — | |
| Nov 11, 2024 | Contract Signed Manual | — | — | |
| Oct 28, 2024 | Listed (Active) Manual | $2,249,000 | — | — |
| Date | Event & Source | Price |
|---|---|---|
| 01/16/2025 | $2,300,000 | |
| 11/11/2024 | Contract Signed Manual | — |
| 10/28/2024 | Listed (Active) Manual | $2,249,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 5-38 47th Road
Schools near 5-38 47th Road
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 8 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
P.S. 78 PublicPK to 8 | ||
Is 204 Oliver W Holmes Public6 to 8 | ||
Long Island City High School Public9 to 12 | ||
Information Technology High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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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. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2026, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing 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. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2026 The Real Estate Board of New York, Inc., All rights reserved.