New York, NY 11416

Property

Ownership: For Sale
Type: Multi-Family
Bedrooms: Studio
Pets: Pets No
Lot Size: 0.06 Acres

Financials

Price:$1,400,000
Annual Taxes:$12,745
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of RE/MAX Team

Description

Totally renovated 5 family situated off Woodhaven Blvd, and behind the Stop&Shop Shopping center on Atlantic Ave. We're only 4 blocks to Liberty Ave or Jamaica Ave subway lines. Property is ideal for investors (6.5 Cap) or users (1st floor Apartment is vacant). Gross Income is $120,000. Net Income is $90,000. 5 Boilers and 5 water tanks. 5 Zone Heating. 1st floor 1,000 SF apartment is vacant and it features 2 Bedrooms and 2 full baths and access to backyard. The 2nd and 3rd FLoors have four 1 BR renovated apartments. This building can be sold as a package deal with 92-16 95th Ave (A Renovated corner 2 family and a 2,500 SF store for $1,400,000). Priced to sell at this price and condition.

Amenities

  • Back Yard
  • Cable - Available
  • Cable Connected
  • Cleared
  • Electricity Available
  • Electricity Connected
  • Natural Gas Available
  • Natural Gas Connected
  • Phone Available
  • Phone Connected
  • Sewer Available
  • Sewer Connected
  • Trash Collection Public
  • Water Available
  • Water Connected

Totally renovated 5 family situated off Woodhaven Blvd, and behind the Stop amp ; Shop Shopping center on Atlantic Ave.

View of building exterior

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.