40-29 23rd Street
Long Island City, NY 11101

Cross street:41st Ave

Property

Ownership: For Sale
Type: Commercial
Bedrooms: Studio
Lot Size: 2146 sq ft

Financials

Price: $3,900,000
Annual Taxes: $19,382

Mortgage Calculator

47-44 Vernon Blvd, Long Island City, NY 11101
Courtesy of NY Space Finders Inc

Description

Welcome to a gem in the heart of Long Island City! This turnkey, 90% free market, investment property offers a unique opportunity to own a fully leased, recently renovated 8-unit multi-family building. With tenants already in place, you can start generating income from day one. All eight units are currently leased, providing a stable and consistent income stream for savvy investors. Benefit from the immediate returns of a property that is not only well-maintained but also in high demand in the thriving Long Island City rental market. Seize this opportunity to own a prime piece of Long Island City real estate. HIGHLIGHTS: ? Modern interior appliances and equipment ? All units are free market except for unit #6 (rent controlled) ? Located near Ed Koch Bridge and Queens & Queensboro Plaza station ? Close to retail corridor of Long Island City ? Easy access to N/W/R/E/7/M/F ? Protected Tax Class (2B) ? Significant upside value. Featured Commercial Sales.

Neighborhood

More listings:

Welcome to a gem in the heart of Long Island City !


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.

OneKeyMLSInformation Copyright 2024, OneKey® MLS.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.