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


Property

Website:https://www.nestseekers.com/3224847
Address:
40-29 23rd Street
Long Island City, NY 11101
Cross street:41st Ave
Ownership: For Sale
Type: Commercial
Bedrooms: Studio
Lot Size: 2146 sq ft

Financials

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

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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.

Contact

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