New York, NY 11385

Property

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

Financials

Price:$1,499,000
Annual Taxes:$19,553
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of Billion Homes Realty Corp

Spacious six family building in the heart of Ridgewood, just a three minute walk to the subway.

Description

Spacious six-family building in the heart of Ridgewood, just a three-minute walk to the subway. All six units feature a generous two-bedroom layout with a separate living room, dining room, and one full bath, offering exceptional space and functionality. The property consists of five rent-stabilized units and one rent-controlled unit, providing long-term tenancy stability and reliable income. Two apartments are currently vacant, allowing immediate rental, owner-occupancy potential, or value-add improvements. Located in a high-demand neighborhood close to transportation, shopping, dining, and parks, this building presents a rare opportunity for investors seeking consistent cash flow with future upside.

Amenities

  • Cable Connected
  • Electricity Connected
  • Natural Gas Connected
  • Phone Available
  • 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.