New York, NY 11368

Property

Ownership: For Sale
Type: mixed-use
Bedrooms: Studio
Pets: No Pets Allowed
Lot Size: 0.12 Acres

Financials

Price:$6,580,000
Annual Taxes:$70,383
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of Real Broker NY LLC

Prime mixed use investment opportunity in Corona, Queens !

Description

Prime mixed-use investment opportunity in Corona, Queens! This corner-lot building features 7 total units, including 3 retail spaces and 3 residential apartments; generating strong, consistent income with a 6% cap rate. Conveniently located near public transportation, this property offers both excellent visibility for retail tenants and long-term residential rental stability. A must-see for investors seeking a turnkey income-producing asset in a high-demand area.

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.