New York, NY 11385

Property

Ownership: For Sale
Type: Multi-Family
Bedrooms: Studio
Lot Size: 0.1 Acres

Financials

Price:$1,275,000
Annual Taxes:$24,401.16
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of Amorelli Realty LLC

Priced to Sell 6 Family Building in the Heart of Ridgewood Excellent opportunity to acquire a well maintained 6 family multifamily building in one of Ridgewood s most historic and ...

View of apartment building / complex

View of apartment building / complex

View of apartment building / complex
View of building exterior
Kitchen with stainless steel appliances, light countertops, decorative backsplash, brown cabinetry, and under cabinet range hood
Empty room featuring a decorative wall, radiator, and light wood-style floors
Spare room with light wood-type flooring, ceiling fan, and a decorative wall
Unfurnished bedroom with a closet and wood finished floors
Bathroom featuring vanity, shower / tub combination, tile walls, and light tile patterned flooring
Kitchen featuring white range with gas cooktop, decorative backsplash, light wood-style flooring, under cabinet range hood, and a ceiling fan
Kitchen featuring white appliances, radiator heating unit, tasteful backsplash, under cabinet range hood, and light wood-type flooring
Bedroom featuring a desk, crown molding, and light wood-style flooring
Living area featuring a chandelier and hardwood / wood-style floors
Sitting room featuring light wood-type flooring and a chandelier
Bedroom featuring light wood-style floors
Full bath featuring vanity, shower / tub combo, and tile walls
View of below grade area
View of unfinished below grade area
Utilities with water heater and a heating unit
Basement featuring electric panel
View of yard
View of side of property
View of patio / terrace
Bird's eye view
Staircase featuring baseboards
View of apartment building / complexView of building exteriorKitchen with stainless steel appliances, light countertops, decorative backsplash, brown cabinetry, and under cabinet range hoodEmpty room featuring a decorative wall, radiator, and light wood-style floorsSpare room with light wood-type flooring, ceiling fan, and a decorative wallUnfurnished bedroom with a closet and wood finished floorsBathroom featuring vanity, shower / tub combination, tile walls, and light tile patterned flooringKitchen featuring white range with gas cooktop, decorative backsplash, light wood-style flooring, under cabinet range hood, and a ceiling fanKitchen featuring white appliances, radiator heating unit, tasteful backsplash, under cabinet range hood, and light wood-type flooringBedroom featuring a desk, crown molding, and light wood-style flooring

Description

Priced to Sell – 6-Family Building in the Heart of Ridgewood Excellent opportunity to acquire a well-maintained 6-family multifamily building in one of Ridgewood’s most historic and desirable sections. The landlord has reserved one vacant unit, allowing for immediate owner occupancy or ease of showing. An owner-occupant can live rent-free while offsetting the mortgage with five income-producing units, or an investor may fully lease the property to maximize returns. This classic property is in very good condition and offers strong long-term investment potential. Located within the Ridgewood Historic District All apartments are railroad-style layouts: · Left-side units: 3 bedrooms / 1 bathroom · Right-side units: 2 bedrooms / 1 bathroom The property is ideally situated just 0.3 miles from the M Train at Fresh Pond Road and steps from multiple bus lines offering direct access to Atlas Park, Queens Center Mall, and the first stop on the M line. Centrally located near local restaurants, retail shops, grocery stores, and with convenient access to neighboring neighborhoods. A solid asset with flexibility, location, and upside—ideal for both investors and end users. **Prospective Purchaser must be aware of Rent Stabilization Laws** 122k Gross Income, For an Offering Memorandum/Income and Expenses please reach out to: Yianni Bachas

Amenities

  • Trash Collection Public
  • Walk Up

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.