New York, NY 11377

Property

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

Financials

Price:$1,895,000
Annual Taxes:$21,922
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of Compass Greater NY LLC

Description

Rare opportunity to own a 6 family building with 5 free market units and lots of upside. Situated in a prime location right off Queens Blvd., and just steps away from the subway. Income: Unit 1F $1,600 *only unit that is a 1 bedroom Unit 1R $2,000 Unit 2F $1,800 (occupied by super) Unit 2R $2,250 Unit 3F $2,260 Unit 3R $1,936 (rent stabilized unit) 3 Parking spaces $225 each Total Annual Gross Income $150,252 * All of the apartments are 2 bedrooms except for 1F Expenses: Taxes $21,922 Insurance $3,400 Heating $9,500 Electrtic PLP $1,440 Water $4,080 Total Annual Expenses $40,342 Net Income $109,910

Amenities

  • Cable Connected
  • Electricity Connected
  • Phone Connected
  • Sewer Connected
  • Water Connected

Rare opportunity to own a 6 family building with 5 free market units and lots of upside.


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.