Apt: 3A, #5F, #5H, #6E
New York, NY 11375

Property

Ownership: For Sale
Type: Co-op
Rooms: 21
Bedrooms: 7 BR
Bathrooms: 6
Pets: Pets Allowed
Lot Size: 0.04 Acres

Financials

Price:$1,450,000
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of Corcoran MH, LLC

PORTFOLIO COLLECTION FOUR APARTMENTS INCLUDED 3A, 5F, 5H, 6E NO BOARD APPROVAL !

Description

PORTFOLIO COLLECTION - FOUR APARTMENTS INCLUDED (#3A, #5F, #5H, #6E) NO BOARD APPROVAL! PLEASE NOTE THIS IS A COOPERATIVE, THE SHARES ARE LISTED AS THE COMBINED AMOUNT 1) Unit 3A - Rent Controlled (Occupied) 2 Bedrooms, 2 Bathrooms Maintenance: $2,211.25 Rent: $686.18 Notes: Exceptionally low stabilized rent; long-term upside upon vacancy. Includes private storage. 2) Unit 5F - Free Market (Occupied) 1 Bedroom, 1 Bathroom Shares: 240 Maintenance: $1,455.00 Rent: $1,950.00 Status: Free Market; consistent rent roll. Includes private storage. 3) Unit 5H - Rent Controlled (Occupied) 3 Bedrooms, 2 Bathrooms Shares: 460 Maintenance: $2,587.50 Rent: $2,357.40 Status: Rent Controlled; tenant pays via check. Long-term upside. Includes private storage. 4) Unit 6E - Free Market 1 Bedroom, 1 Bathroom Shares: 265 Maintenance: $1,489.38 Rent: Market rent potential approx. $2,350+ Status: Free Market & Vacant-ideal for renovation and premium leasing. KEY INVESTMENT HIGHLIGHTS *Bundle-Only Sale: All four units conveyed together by the Estate. *Strong Mix: Rent-controlled + free-market units providing both stability and upside. *Vacant Unit Included: Immediate opportunity to renovate, reposition, and capture market rent. *Prime Location: Forest Hills Gardens-exclusive, private, landmarked community known for long-term tenant retention. *Co-op with Storage Rooms: Each unit includes additional storage space. *Excellent Transportation: LIRR at Station Square; E/F subway minutes away. *Pre-War Charm: Elevator building with original architectural details and well-maintained common areas.

Amenities

  • Cable Connected
  • City
  • Electricity Connected
  • Elevators
  • Natural Gas Connected
  • Other
  • Refrigerator
  • Sewer Connected
  • 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.