Property

Ownership: For Sale
Type: Multi-Family
Bedrooms: Studio
Pets: Pets No
Lot Size: 0.06 Acres

Financials

Price:$2,680,000
Annual Taxes:$1,716.80
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of Jamie Realty Group

Description

This very well maintained 7-family property in the heart of Corona, offers a prime investment opportunity with a total of approximately 5,116 sq ft of interior space, situated on a 25' x 100' lot in R6B zoning. The building, measuring 25' x 51.5', features a desirable layout with each unit offering a spacious living/dining area and kitchen. The first floor consists of a large 3-bedroom, 2-bathroom unit, while the upper three floors each house two 1-bedroom, 1-bathroom apartments—perfect for steady rental income. The property benefits from a 421-A tax abatement and is conveniently located near local shops, restaurants, parks, schools, and the Q38 bus, making it an attractive option for tenants and investors alike.

Amenities

  • Cable - Available
  • Electricity Connected
  • Natural Gas Connected
  • Sewer Connected
  • Trash Collection Public
  • Water Connected

This very well maintained 7 family property in the heart of Corona, offers a prime investment opportunity with a total of approximately 5, 116 sq ft of interior space, situated ...


    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.