New York, NY 11368

Property

Ownership: For Sale
Type: Multi-Family
Bedrooms: Studio

Financials

Price:$2,199,999
Annual Taxes:$1,980
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of Douglas Elliman Real Estate

7 Unit Building In The Heart Of Queens 6 units of One bedroom amp ; 1 unit of two bedrooms.

View of apartment building / complex

View of apartment building / complex

View of apartment building / complex
View of apartment building / complex
View of apartment building / complex
View of apartment building / complex
Kitchen with white appliances, decorative backsplash, brown cabinets, and light marble finish floors
Kitchen with white appliances, decorative backsplash, brown cabinets, and light marble finish floors
View of bedroom
View of bedroom
View of balcony
View of balcony
Full bath featuring tile walls, shower / tub combo, and tile patterned flooring
Full bath featuring tile walls, shower / tub combo, and tile patterned flooring
View of bedroom
View of bedroom
View of bedroom
View of bedroom
Doorway to property
Doorway to property
Bedroom with hardwood / wood-style flooring and a closet
Bedroom with hardwood / wood-style flooring and a closet
Kitchen featuring stainless steel range with gas cooktop, tasteful backsplash, brown cabinetry, and ceiling fan
Kitchen featuring stainless steel range with gas cooktop, tasteful backsplash, brown cabinetry, and ceiling fan
Bedroom featuring freestanding refrigerator, a baseboard radiator, and a ceiling fan
Bedroom featuring freestanding refrigerator, a baseboard radiator, and a ceiling fan
Kitchen with freestanding refrigerator, backsplash, brown cabinetry, a baseboard radiator, and light stone counters
Kitchen with freestanding refrigerator, backsplash, brown cabinetry, a baseboard radiator, and light stone counters
View of balcony
View of balcony
Bedroom featuring baseboard heating
Bedroom featuring baseboard heating
Bedroom featuring light wood-type flooring and a closet
Bedroom featuring light wood-type flooring and a closet
Entrance foyer with light marble finish floors and baseboards
Entrance foyer with light marble finish floors and baseboards
Full bathroom with a shower with shower curtain and tile patterned flooring
Full bathroom with a shower with shower curtain and tile patterned flooring
Stairway with tile patterned floors and baseboards
Stairway with tile patterned floors and baseboards
Kitchen featuring black appliances, brown cabinetry, tasteful backsplash, and wallpapered walls
Kitchen featuring black appliances, brown cabinetry, tasteful backsplash, and wallpapered walls
View of hallway
View of hallway
Corridor with wallpapered walls
Corridor with wallpapered walls
Bedroom featuring wallpapered walls and an accent wall
Bedroom featuring wallpapered walls and an accent wall
Bedroom with light wood-style flooring
Bedroom with light wood-style flooring
Bedroom with a closet and wood-type flooring
Bedroom with a closet and wood-type flooring
Hallway with wallpapered walls
Hallway with wallpapered walls
Full bathroom with tile walls, a shower with curtain, and tasteful backsplash
Full bathroom with tile walls, a shower with curtain, and tasteful backsplash
Kitchen with stainless steel appliances, brown cabinets, backsplash, and light marble finish floors
Kitchen with stainless steel appliances, brown cabinets, backsplash, and light marble finish floors
Doorway with electric panel and baseboards
Doorway with electric panel and baseboards
Bathroom with tile walls and a shower with shower curtain
Bathroom with tile walls and a shower with shower curtain
Bedroom with multiple closets and light wood finished floors
Bedroom with multiple closets and light wood finished floors
Corridor with tile patterned floors, tile walls, baseboard heating, and elevator
Corridor with tile patterned floors, tile walls, baseboard heating, and elevator
Bathroom with tile patterned flooring, baseboard heating, and tile walls
Bathroom with tile patterned flooring, baseboard heating, and tile walls
Kitchen featuring freestanding refrigerator, brown cabinetry, and decorative backsplash
Kitchen featuring freestanding refrigerator, brown cabinetry, and decorative backsplash
Dining room featuring a baseboard radiator
Dining room featuring a baseboard radiator
Full bath featuring tile walls and curtained shower
Full bath featuring tile walls and curtained shower
Bathroom with tile walls, a shower with shower curtain, and vanity
Bathroom with tile walls, a shower with shower curtain, and vanity
Dining room featuring hardwood / wood-style floors
Dining room featuring hardwood / wood-style floors
View of fenced backyard
View of fenced backyard
Bathroom with tile walls, vanity, and tile patterned flooring
Bathroom with tile walls, vanity, and tile patterned flooring
View of staircase
View of staircase
View of apartment building / complexView of apartment building / complexView of apartment building / complexView of apartment building / complexKitchen with white appliances, decorative backsplash, brown cabinets, and light marble finish floorsKitchen with white appliances, decorative backsplash, brown cabinets, and light marble finish floorsView of bedroomView of bedroomView of balconyView of balcony

Description

7 Unit Building In The Heart Of Queens-6 units of One-bedroom & 1 unit of two-bedrooms. Basement: Utility Room, Rooms, Bath, Access To The Backyard. 1 F 2 Bedrooms, 2 Full Baths, Lr/ Dr, Kitchen. All other units 1 Bedroom & 1 Full Bath, Living Room & Kitchen. Strong Cash Flow Investment. Walk to the subway station for 10 Minutes. Prime Location Close to Shopping, Laundromat, and Highways. This building is being sold as a whole, but investors can sell each unit separately as a condominium. Please Verify And Contact your Attorney. No Rent Stabilize! 7 Unit Building In The Heart Of Queens-6 units of One-bedroom & 1 unit of two-bedrooms. Basement: Utility Room, Rooms, Bath, Access To The Backyard. 1 F 2 Bedrooms, 2 Full Baths, Lr/ Dr, Kitchen. All other units 1 Bedroom & 1 Full Bath, Living Room & Kitchen. Walk to the subway station for 10 Minutes. Prime Location Close to Shopping, Laundromat, and Highways. This Building Is Being Sold As A Whole. Investor Also Can Sell By Each Condo. Please Verify And Contact your Attorney. This Is A Rare Chance To Acquire A Solid Performing Asset In A Desirable Location With Stable Income And Upside Potential. Excellent Opportunity For Investors Seeking Strong Cash Flow And Long-term Growth Potential. Ideal For Investors Or 1031 Exchange Buyers. Opportunity For Future Rental Growth. Approx. 5.5% Cap Rate With Strong Income And No Rent Stabilized Units. Do Not Miss The Opportunity!!!

Amenities

  • Balcony
  • Cable - Available
  • Electricity Available
  • Fire Alarm
  • Fire Escape
  • Fire Sprinkler System
  • Gas Cooktop
  • Gas Oven
  • Gas Water Heater
  • Natural Gas Available
  • Phone Available
  • Refrigerator
  • Sewer Connected
  • Trash Collection Public
  • Water Connected

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.