Property

Ownership: For Sale
Type: Multi-Family
Bedrooms: Studio
Pets: Pets No
Lot Size: 0.12 Acres

Financials

Price:$1,300,000
Annual Taxes:$3,999.99
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of RE/MAX City Square

Description

Discover a rare chance to own a solid income-producing 6-family building in one of Queens’ most sought-after neighborhoods. Built in 1988 and meticulously maintained, this corner property features six spacious 2-bedroom units, each with private balconies and market-rate rents, offering impressive cash flow and long-term value. A true turnkey investment, this building is easy to manage, with tenants paying for their own utilities, helping to maximize net income and reduce operating costs. Located at close proximity from shopping, dining, and public transportation—including the A train on Liberty Avenue—this property offers unbeatable convenience and consistent tenant demand. Whether you're expanding your portfolio or entering the multifamily market, this high-yield asset delivers strong rental income, low expenses, and long-term growth potential in the heart of vibrant Ozone Park.

Amenities

  • Balcony
  • Corner Lot
  • Gas Range
  • Natural Gas Connected
  • Refrigerator
  • Walk Up

Discover a rare chance to own a solid income producing 6 family building in one of Queens most sought after neighborhoods.


    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.