New York, NY 11417

Property

Ownership: For Sale
Type: Unknown
Rooms: 14
Bedrooms: 7 BR
Bathrooms:
Pets: No Pets Allowed

Financials

Price:$1,095,000
Annual Taxes:$7,427
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of RE/MAX Team

Excellent Income producer.

Description

Excellent Income producer. Situated only 200 feet west of Cross Bay Blvd/Liberty Ave subway station. Gross Income Nearly $117,516 (when fully occupied at market rents). Expenses: $22,277 (Low Taxes $7,427). 1st floor Store 500 (Sq.Ft) $1,800 Behind the store there is 3 BR apartment with use of backyard $2,800. Second floor: A 2 Bedroom apartment ($2,693) and a 1 BR apartment with Balcony ($2,500). Updated Electric and Updated boiler and water tank. 8 Cap return. Tremendous investment.

Amenities

  • Level
  • Near Public Transit
  • Near School
  • Near Shops
  • Open
  • Trash Collection Public

Long Island 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.