Layer-like FAU-type zeolite Y was synthesized by an organosilane-assisted low-temperature hydrothermal method and its catalytic activity was verified in the low-density polyethylene (LDPE) cracking process. The synthesis procedure of high-silica layer-like zeolite Y was based on organosilane as a growth modifier, and for the first time, the seeding step was successfully avoided. The X-ray diffraction and electron microscopy studies, scanning electron microscopy and transmission electron microscopy confirmed the formation of pure FAU structure and zeolite particles of plate-like morphology arranged in the manner of the skeleton of a cuboctahedron. The in situ Fourier transform infrared (FT-IR) spectroscopic studies, low-temperature nitrogen sorption, and electron microscopy results provided detailed information on the obtained layer-like zeolite Y. The acidic and textural properties of layer-like zeolites Y were faced with the catalytic activity and selectivity in the cracking of LDPE. The quantitative assessment of catalyst selectivity performed in FT-IR/GC–MS operando studies pointed out that LDPE cracking over the layer-like material yielded value-added C3–C4 gases and C5–C6 liquid fraction at the expense of C7+ fraction. The detailed analysis of coke residue on the catalyst was also performed by means of FT-IR spectroscopy, thermogravimetric analysis, and thermoprogrammed oxidation coupled with mass spectrometry for the detection of oxidation products. The acidic and textural properties gave a foundation for the catalytic performance and coking of catalysts.