New York, NY 11360

Property

Ownership: For Sale
Type: Duplex
Bedrooms: 8 BR
Bathrooms: 6
Pets: Pets No

Financials

Price:$1,775,000
Annual Taxes:$16,000
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of RE/MAX Frontier

Description

Located in the heart of Bay Terrace, this exceptional two-family home with three units offers a rare opportunity for both investors and end-users. Each floor has been fully renovated with luxury finishes, providing move-in ready condition throughout. The basement is completely finished, adding versatile space for recreation, storage, or home office use. The property has been extensively upgraded inside and out. It features three brand-new hot water tanks, all double-pane windows, a new Con Edison electrical meter bank, Verizon Fios connectivity, and energy-efficient LED lighting in common areas. The entryway and interiors have been refreshed with a new glass entry door and freshly painted hallways, foyer, and all three floors. Exterior improvements include a new roof, new concrete driveway, new balcony with steel beam supports, new gutters, and updated aluminum siding. The backyard has been transformed with full pavers and a privacy fence, creating an attractive outdoor space for relaxation and entertainment. For investors, this property offers immediate and strong rental income potential, while end-users will appreciate the ability to live in one unit and generate income from the others. With its combination of prime location, luxury upgrades, and excellent income potential, this property stands out as one of the best-finished multi-family buildings in Bay Terrace.

Amenities

  • Cable Connected
  • Electricity Connected
  • First Floor Bedroom
  • First Floor Full Bath

Located in the heart of Bay Terrace, this exceptional two family home with three units offers a rare opportunity for both investors and end users.


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.