Apt: CU8
New York, NY 11354

Property

Ownership: For Sale
Type: mixed-use
Bedrooms: Studio

Financials

Price:$2,630,000
Annual Taxes:$31,012
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of E Realty International Corp

Prime investment opportunity in the heart of Flushing !

View of commercial property

View of commercial property

View of commercial property
View of commercial property
Playroom featuring track lighting, a wall unit AC, recessed lighting, and tile patterned floors
Playroom featuring track lighting, a wall unit AC, recessed lighting, and tile patterned floors
View of kitchen
Kitchen featuring tile patterned floors, brick wall, and recessed lighting
Dining room featuring recessed lighting, brick wall, and tile patterned floors
Kitchen featuring light wood finished floors and freestanding refrigerator
Kitchen featuring light wood finished floors and freestanding refrigerator
View of commercial propertyView of commercial propertyPlayroom featuring track lighting, a wall unit AC, recessed lighting, and tile patterned floorsPlayroom featuring track lighting, a wall unit AC, recessed lighting, and tile patterned floorsView of kitchenKitchen featuring tile patterned floors, brick wall, and recessed lightingDining room featuring recessed lighting, brick wall, and tile patterned floorsKitchen featuring light wood finished floors and freestanding refrigeratorKitchen featuring light wood finished floors and freestanding refrigerator

Description

Prime investment opportunity in the heart of Flushing! Unit CU8 is a street-level commercial condo located on the iconic Main Street. Boasting 935 square feet of usable interior space, the property is currently leased to a long-term, stable food service tenant (fried chicken) with monthly rent of $10,300. Lease runs through the second half of 2026. Tenant is responsible for interior maintenance The landlord currently pays $24,000 annually towards property taxes; the tenant covers any overage. Located in a mixed-use elevator building, steps from the 7 train, Skyview Mall, and major transit lines. High foot traffic, excellent visibility, and strong retail synergy make this unit a rare find for investors or 1031 exchange buyers.

Amenities

  • Underground Utilities
  • Water Connected

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.