New York, NY 11412

Property

Ownership: For Sale
Type: mixed-use
Bedrooms: Studio
Pets: No Pets Allowed
Lot Size: 0.04 Acres

Financials

Price:$899,999
Annual Taxes:$4,727.44
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of RE/MAX Edge

Solid brick mixed use building in prime Saint Albans, one commercial unit and one 3 bedroom apartment.

Description

Solid brick mixed-use building in prime Saint Albans, one commercial unit and one 3-bedroom apartment. Ground floor and basement currently used as a restaurant with proper setup, high ceilings and heavy foot traffic. Building size is 18x60, lot size is 19x100, annual property tax is $5,011. Projected yearly rental income $90,000 with a cap rate of 8%. Excellent condition & great investment opportunity.

Amenities

  • Cable - Available
  • Cable Connected
  • Electricity Available
  • Electricity Connected
  • Phone Available

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.