New York, NY 11103

Property

Ownership: For Sale
Type: Multi-Family
Bedrooms: Studio
Pets: Pets No

Financials

Price:$5,500,000
Annual Taxes:$130,453
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of NY Space Finders Inc

Description

The 24-unit multifamily building is located in the heart of Astoria, one of Queens’ most vibrant and rapidly growing neighborhoods. Built in 1953, the three-story, 14,680 SF walk-up sits on a 75' × 100' (7,500 SF) lot and offers a stable, income-producing investment with future upside potential. The building features spacious layouts with hardwood floors, high ceilings, and excellent natural light. Residents benefit from a quiet residential block while remaining just steps from the M and R subway lines, providing direct access to Manhattan and the rest of Queens. Broadway, Newtown Road, and 30th Avenue are within walking distance, offering a wide range of dining, shopping, and neighborhood amenities. This is a rare opportunity to acquire a well-maintained, 24-unit asset in a prime Astoria location with strong rental demand and long-term growth prospects. Featured Commercial Sales

Amenities

  • Cable - Available
  • Electricity Connected
  • Fire Alarm
  • Fire Escape
  • Natural Gas Connected
  • Other
  • Phone Available
  • Walk Up
  • Water Connected

The 24 unit multifamily building is located in the heart of Astoria, one of Queens most vibrant and rapidly growing 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.