Long Island City, NY

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Long Island City short-term rental market based on reliable data.

Listings

17 / 113

Reliable / Active

Revenue

$43,058

Middle-Earners Revenue

Occupancy

91%

Middle-Earners Occupancy

Top Earners

$63,564

Top-Earners Revenue

Long Island City

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Long Island City.

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C

Challenging to Investors

Long Island City Regulations

NYC’s Local Law 18 effectively bans entire‑unit STRs in Long Island City, allowing only host‑present stays with a strict 2‑guest cap, which sharply limits viable investments. While registration is relatively simple/affordable ($145 fee), the limited occupancy and host‑presence requirements, along with ongoing enforcement, create high operational constraints and risk for investors.

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About Long Island City

Long Island City (LIC) is a residential and commercial neighborhood on the extreme western tip of Queens, a borough in New York City in the United States. It is bordered by Astoria to the north; the East River to the west; New Calvary Cemetery in Sunnyside to the east; and Newtown Creek—which separates Queens from Greenpoint, Brooklyn—to the south. Incorporated as a city in 1870, Long Island City was originally the seat of government of the Town of Newtown, before becoming part of the City of Greater New York in 1898. In the early 21st century, Long Island City became known for its rapid and ongoing residential growth and gentrification, its waterfront parks, and its thriving arts community. The area has a high concentration of art galleries, art institutions, and studio space.Long Island City is the eastern terminus of the Queensboro Bridge, the only non-tolled automotive route connecting Queens and Manhattan. Northwest of the bridge are the Queensbridge Houses, a development of the New York City Housing Authority and the largest public housing complex in the Western Hemisphere. Long Island City is part of Queens Community District 1 to the north and Queens Community District 2 to the south. It is patrolled by the New York City Police Department's 108th Precinct. Politically, Long Island City is represented by the New York City Council's 26th District.

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