New York, NY 11368

Property

Ownership: For Sale
Type: Unknown
Bedrooms: 6 BR
Bathrooms: 4

Financials

Price:$2,900,000
Annual Taxes:$13,200
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of True Homes Inc

Relatively young multi family building in the heart of Corona.

Description

Relatively young multi family building in the heart of Corona. This building consists of 6 units in total. it has 2 one bed rooms, 2 two bedrooms, 1 four bedroom with two baths a stationary store on the first floor and a full finished basement. The total rent roll is 19,799. Expenses are approximately 2,050 per month. The building is rent stabilized for the next 14 years due to an abatement given when building was constructed. Based on current NOI the cap rate is approximately 7%. This building Is Ideal if you don't drive because its one block from the number 7 train that takes you into the city. Walking distance to shopping makes it a haven for a good rental property.

Amenities

  • Cable Connected
  • Electricity Connected
  • High Speed Internet
  • Natural Gas 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.