New York, NY 11368

Property

Ownership: For Sale
Type: mixed-use
Bedrooms: Studio

Financials

Price:$3,180,000
Annual Taxes:$52,977
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of Key Impact Realty Group Inc

Excellent mixed use investment opportunity in the heart of Corona !

Description

Excellent mixed-use investment opportunity in the heart of Corona! This well-positioned four-family property with a ground-floor commercial storefront offers strong income potential and long-term upside in a high-demand neighborhood. Surrounded by shopping, dining, schools, and everyday conveniences, the location also provides easy access to public transportation, making it highly attractive to both residential and commercial tenants. The building features a dental office on the first floor, providing stable commercial occupancy. The residential portion includes two 2-bedroom apartments, along with two spacious duplex 3-bedroom units spanning the third and fourth floors. A full finished basement adds additional usable space and functionality. With a desirable unit mix, mixed-use income streams, and a prime Queens location, this property presents a fantastic opportunity for investors seeking steady cash flow and future growth potential. Layout: 1st Floor: Dental office (commercial) | 2F: 2-bedroom apartment | 2R: 2-bedroom apartment | 3F + 4F: Duplex 3-bedroom apartment | 3R + 4R: Duplex 3-bedroom apartment | Full finished basement

Amenities

  • Electricity Connected
  • Natural Gas Connected
  • Sewer Available
  • 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.