Property

Ownership: For Sale
Type: Multi-Family
Bedrooms: Studio
Pets: Pets No

Financials

Price:$4,975,000
Annual Taxes:$34,204.92
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of Keller Williams Realty Liberty

Description

Prime investment opportunity! Legal 7-Family Commercial Multi-Family apartment building. 7 Rental Units Parking lot on the property tar carpet 7 to 8 parking spots Possibility of parking lot solar farm New Construction - 2020 built 50' x 19' lot square footage 7,226 Building Sq Ft Unobstructed on all sides Space for digital billboards (rented or owned) Flat roof Space for Solar Panels Space for Mobile Provider Antennas Not Rent Stabilized All units renovated with many new upgrades. Equipped with a Sprinkler System, Digital Fire-Alarm System, Energy Efficient appliances and fixtures, security system, intercom system, separate utility meters for each unit, central air system, all units equipped with stainless steel appliances, fully occupied, space to increase rent. 7 Spacious Apartments Meticulously maintained. 14 bedrooms, 7 bathrooms, 7 Kitchens total, with Fully-Finished Basement. 100% occupied rate with no vacancies on a 7226 Sq. Ft! This multifamily property is situated on prime ideal golden corner property. Each apartment offers 2 bedroom, 1 bathroom comfortability for its tenants. Conveniently situated near Jamaica Hospital Medical Center, JFK Airport, Green Acres Mall, public transportation, supermarkets, restaurants, schools, banks, parks, & more. Newly constructed and modernized in 2020. Good Opportunity for High Rental Income, Low Property Tax of $39,000 per year. Don't miss this opportunity to own or invest! Grab It Before It's Gone!!

Amenities

  • Cable - Available
  • Corner Lot
  • Electricity Connected
  • ENERGY STAR Qualified Appliances
  • Fire Alarm
  • Fire Sprinkler System
  • Gas Range
  • Natural Gas Connected
  • Other
  • Refrigerator
  • Sewer Connected
  • Stainless Steel Appliance(s)
  • Video Cameras

Prime investment opportunity !


    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.