Reports

Development Site Advisors® is pleased to present a 2023 Neighborhood Focused Area® Development Report. By meticulously researching through, with our designated broker from this Neighborhood and our Development Site Neighborhood Focused Platform® , we have compiled sales and development data from 2023.

Long Island City boasts a vibrant community brimming with diversity and opportunity. With a population of 60,642, the neighborhood draws in residents from all walks of life. In terms of educational demographics, 27% of residents hold a master’s degree or higher, and an additional 32% hold bachelor’s degrees. The age distribution reflects a youthful energy, with 25-34-yearolds comprising 28% and 35-44-year-olds at 19%. As for income, Long Island City shines, with a median household income of $117,871. The income distribution showcases a broad economic spectrum, with 34% of households earning $150k or more, and a significant portion falling within the $75-$149k bracket, at 26%. Whether it’s the thriving arts scene, the proximity to employment opportunities, or the scenic waterfront views, Long Island City continues to be a beacon of growth and connectivity within the dynamic landscape of New York City.