New York, NY 11354

Property

Ownership: For Sale
Type: Multi-Family
Bedrooms: Studio
Lot Size: 0.0 Acres

Financials

Price:$1,999,000
Annual Taxes:$29,143
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of Prime Realty

Prime Location ! Mix Use Building Situated in the Heart of Downtown Flushing.

View of building exterior

View of building exterior

View of building exterior
View of building exterior
View of building exterior
View of building exterior
Property entrance
Property entrance
View of vehicle parking
View of vehicle parking
View of stairway
View of stairway
Stairs with concrete flooring and baseboards
Stairs with concrete flooring and baseboards
Full bathroom with shower / bath combination with curtain and vanity
Full bathroom with shower / bath combination with curtain and vanity
Bathroom featuring shower / bath combo with shower curtain, vanity, and tile walls
Bathroom featuring shower / bath combo with shower curtain, vanity, and tile walls
Balcony featuring a grill
Balcony featuring a grill
Kitchen featuring appliances with stainless steel finishes, brown cabinets, tasteful backsplash, under cabinet range hood, and granite floors
Kitchen featuring appliances with stainless steel finishes, brown cabinets, tasteful backsplash, under cabinet range hood, and granite floors
Bedroom with dark wood-style flooring
Bedroom with dark wood-style flooring
Bedroom with light wood-type flooring and a closet
Bedroom with light wood-type flooring and a closet
View of patio
View of patio
View of patio / terrace
View of patio / terrace
View of building exteriorView of building exteriorView of building exteriorView of building exteriorProperty entranceProperty entranceView of vehicle parkingView of vehicle parkingView of stairwayView of stairway

Description

Prime Location! Mix-Use Building Situated in the Heart of Downtown Flushing. Completed in 2007. Building Size: Approximately 5007 Sqft. Lot Size: 20*60. This Building Feature 3 Commercial Unit and 3 Residential Units. Great Income. With its prime location, stable rental income, and favorable zoning, 131-44 40th Road presents a compelling investment opportunity. The remaining tax abatement further enhances the property's financial attractiveness. Prospective investors should consider this property for its potential for long-term appreciation and consistent cash flow. Located just steps away from Main Street, the property offers excellent visibility and accessibility. It is conveniently situated near the Main Street subway station and the Long Island Rail Road (LIRR), providing easy transportation options for tenants and customers. The area boasts heavy foot traffic and is surrounded by shopping centers, offices, and residential towers, enhancing the property's appeal to potential tenants. A Must See.

Amenities

  • Electricity Connected
  • Natural Gas Connected
  • 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.