Property

Ownership: For Sale
Type: Unknown
Bedrooms: Studio
Pets: Pets No
Lot Size: 0.22 Acres

Financials

Price:$3,800,000
Annual Taxes:$21,085
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of KNY Realty Group LLC

Description

KNY Realty is pleased to present to qualified buyers leased investment building in Springfield Garden, Queens. Property size is 63x76, lot size is 80x120, This newly build property, and it benefits from Tax Abatement, This property is fully leased by the long term tenant, Triple Net Lease, 10 years (5+5), 7 years left, Income over $250K/year, Increase 3% each year.

Amenities

  • Cable Connected
  • Electricity Connected
  • Phone Connected

KNY Realty is pleased to present to qualified buyers leased investment building in Springfield Garden, Queens.


    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.