Property

Ownership: For Sale
Type: Duplex
Bedrooms: 8 BR
Bathrooms: 6
Pets: Pets No
Lot Size: 0.03 Acres

Financials

Price:$1,888,000
Annual Taxes:$14,388.92
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of Sany Realty Group LLC

Description

Rare opportunity in prime Jackson Heights! Large all-brick semi-detached legal two-family with excellent rental income potential. Lot approx. 2,875 sq ft, building size 20x61. Fully renovated in 2018 with updated electrical, plumbing, and roof. Solid construction with soundproof insulation. Separate hot water and heating systems for each unit. The property offers a total of 8 bedrooms and 6 bathrooms, plus a finished basement with separate entrance. Includes an oversized garage and 3 parking spaces—rare for the area! Rental income is very substantial with good tenants in place—can deliver vacant if needed. Outstanding location near Roosevelt Ave, just a few steps to the 7 train station. Super convenient for shopping, supermarkets, dining, banks, and all local amenities. High rental demand area with a projected cap rate over 7%. Don’t miss this rare high-income property—great for savvy investors!

Amenities

  • Electricity Connected
  • First Floor Bedroom
  • First Floor Full Bath
  • Natural Gas Connected
  • Sewer Connected
  • Water Connected

Rare opportunity in prime Jackson Heights !


    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.