New York, NY 11354

Property

Ownership: For Sale
Type: Multi-Family
Bedrooms: Studio
Pets: No Pets Allowed
Lot Size: 0.17 Acres

Financials

Price:$3,125,000
Annual Taxes:$68,185.92
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of Annmarie Imbriale

Solid three story, 13 unit income producing building located in the highly desirable College Point section of Queens.

Description

Solid three-story, 13-unit income-producing building located in the highly desirable College Point section of Queens. This well-maintained property offers strong and stable cash flow, making it an excellent investment opportunity. Four of the rental units have recently received rent increases, providing immediate upside potential with room for continued growth. The building is solidly constructed and ideally situated in a high-demand location close to public transportation, major roadways, shopping, dining, and neighborhood amenities. Convenient access to buses, highways, and nearby commercial corridors makes this property attractive to tenants and ensures consistent occupancy. A rare opportunity to acquire a dependable, income-generating asset in a thriving Queens neighborhood with long-term appreciation potential.

Amenities

  • Electricity 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.