Property
| Ownership: | Unknown |
|---|---|
| Type: | Commercial |
| Bedrooms: | Studio |
| Lot Size: | 6088 sq ft |
FinancialsPrice: $2,226,000 Annual Taxes: $22,287
| Price: | $2,226,000 |
|---|---|
| Annual Taxes: | $22,287 |
47-44 Vernon Blvd, Long Island City, NY 11101 Phone: +1718-707-0200 Fax: +1718-707-0233 | |
| Courtesy of NY Superior Realty | |
DescriptionThis exceptional package deal includes a mixed-use property and an adjacent vacant lot, all in a prime Corona location. The mixed-use property features a three-family building with a commercial store (Deli) on the ground floor and a one-bedroom apartment. The second and third floors each have a spacious four-bedroom apartment. Situated near a variety of businesses, stores, Houses of Worship, and convenient transportation options including the 7 subway line and Q23 + Q48 bus lines. With a total income of $115,200 per year, this presents a lucrative and strategic opportunity for any buyer. Plus the adjacent vacant lot holds the potential to unlock even greater income possibilities! Cap Rate: 5.25% Rental Income: Grocery Store + 1 Bedroom Apartment $4,500 (2 more years on lease with option to 5 more); 2nd flr - 4 Bedroom Apt $2,500 exp. 01/2024; 3nd flr - 4 Bedroom Apt $2,600, no lease
Neighborhood
This exceptional package deal includes a mixed-use property and an adjacent vacant lot, all in a prime Corona location. The mixed-use property features a three-family building with a commercial store (Deli) on the ground floor and a one-bedroom apartment. The second and third floors each have a spacious four-bedroom apartment. Situated near a variety of businesses, stores, Houses of Worship, and convenient transportation options including the 7 subway line and Q23 + Q48 bus lines. With a total income of $115,200 per year, this presents a lucrative and strategic opportunity for any buyer. Plus the adjacent vacant lot holds the potential to unlock even greater income possibilities! Cap Rate: 5.25% Rental Income: Grocery Store + 1 Bedroom Apartment $4,500 (2 more years on lease with option to 5 more); 2nd flr - 4 Bedroom Apt $2,500 exp. 01/2024; 3nd flr - 4 Bedroom Apt $2,600, no lease
This exceptional package deal includes a mixed use property and an adjacent vacant lot, all in a prime Corona location.
DescriptionThis exceptional package deal includes a mixed-use property and an adjacent vacant lot, all in a prime Corona location. The mixed-use property features a three-family building with a commercial store (Deli) on the ground floor and a one-bedroom apartment. The second and third floors each have a spacious four-bedroom apartment. Situated near a variety of businesses, stores, Houses of Worship, and convenient transportation options including the 7 subway line and Q23 + Q48 bus lines. With a total income of $115,200 per year, this presents a lucrative and strategic opportunity for any buyer. Plus the adjacent vacant lot holds the potential to unlock even greater income possibilities! Cap Rate: 5.25% Rental Income: Grocery Store + 1 Bedroom Apartment $4,500 (2 more years on lease with option to 5 more); 2nd flr - 4 Bedroom Apt $2,500 exp. 01/2024; 3nd flr - 4 Bedroom Apt $2,600, no lease
Neighborhood
This exceptional package deal includes a mixed-use property and an adjacent vacant lot, all in a prime Corona location. The mixed-use property features a three-family building with a commercial store (Deli) on the ground floor and a one-bedroom apartment. The second and third floors each have a spacious four-bedroom apartment. Situated near a variety of businesses, stores, Houses of Worship, and convenient transportation options including the 7 subway line and Q23 + Q48 bus lines. With a total income of $115,200 per year, this presents a lucrative and strategic opportunity for any buyer. Plus the adjacent vacant lot holds the potential to unlock even greater income possibilities! Cap Rate: 5.25% Rental Income: Grocery Store + 1 Bedroom Apartment $4,500 (2 more years on lease with option to 5 more); 2nd flr - 4 Bedroom Apt $2,500 exp. 01/2024; 3nd flr - 4 Bedroom Apt $2,600, no lease
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