New York, NY 11103

Property

Ownership: For Sale
Type: Multi-Family
Bedrooms: Studio
Pets: Pets No
Lot Size: 0.08 Acres

Financials

Price:$1,699,000
Annual Taxes:$20,393.16
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of Douglas Elliman Real Estate

Description

Astoria 6 unit Multi-Family Investment Opportunity! I am Proudly offering for sale, this meticulously maintained six-family brick building in the heart of Astoria, Queens which presents an exceptional investment opportunity with strong income potential. Each of the six spacious apartments features a well-designed layout including two bedrooms, a large living room, a formal dining room, a kitchen, and a full bathroom. The residences boast hardwood flooring, high ceilings, and excellent natural light, creating a warm and inviting atmosphere. The property has undergone significant capital improvements, including masonry work, brick pointing, waterproofing, and exterior painting. Additionally, the building has been modernized with an updated boiler and a full conversion to gas fuel heating, ensuring efficient and reliable systems for years to come. Located just moments from the R train, residents enjoy convenient access to Manhattan, while being immersed in Astoria’s vibrant and multicultural community. The neighborhood is rich with renowned restaurants, shopping, and dining options, adding to the property’s appeal and tenant retention. Whether you are seeking a stable income-producing property or a long-term investment in one of Queens’ most dynamic neighborhoods, this building is an ideal opportunity offering consistent returns and growth potential. Excellent opportunity : Offered for sale as an individual building or can be bundled as a package deal combined with 28-27 46th Street Astoria building attached.

Amenities

  • Ceiling Fan(s)
  • Dishwasher
  • Electricity Connected
  • Gas Range
  • Gas Water Heater
  • Lobby
  • Natural Gas Connected
  • Phone Available
  • Refrigerator
  • Sewer Connected
  • Water Connected

Astoria 6 unit Multi Family Investment Opportunity !


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.