Property

Ownership: For Sale
Type: Unknown
Bedrooms: 7 BR
Bathrooms: 6
Pets: Pets No

Financials

Price:$1,688,888
Annual Taxes:$1,300
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of N & H Realty Group Inc

Description

Don’t miss this amazing brick semidetached legal 3 family right next to Queens Center Mall! Property can generate 6% cap rate of return with 100% occupancy year round! All set up for easy management: 3 gas meters, 3 boilers and 4 electric meters. Low maintenance-Property is 30'x30' solid brick with a small concrete backyard accessible from the first floor. Building was built in 2005 and has sprinklers throughout. There are 3 floors + attic with 2 bedrooms on each floor. Super easy commute to Manhattan by train. There is property tax abatement until 2032 so currently annual taxes are only $1200! The ideal investment awaits! Showings strictly by appointment.

Amenities

  • Electricity Connected
  • First Floor Bedroom

Don t miss this amazing brick semidetached legal 3 family right next to Queens Center Mall !


    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.