New York, NY 11368

Property

Ownership: For Sale
Type: Duplex
Bedrooms: 8 BR
Bathrooms: 2
Pets: No Pets Allowed

Financials

Price:$1,488,000
Annual Taxes:$8,133
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of New Group Realty Inc

Secure this detached income producer in the heart of Corona's vibrant Roosevelt Avenue.

Description

Secure this detached income-producer in the heart of Corona's vibrant Roosevelt Avenue. Situated on a 25x100 lot with a massive 20x50 building, this property is a true cash cow. The layout features a rare 4BR/1LR/1BA unit on the first floor and a spacious 4BR/1LR/1BA unit on the second floor. The high-ceiling basement with a separate entrance, providing immense utility. With R6B C1-4 zoning, explore redevelopment potential for mixed-use projects (Retail=Residential). Steps from the Subway and major commerce with exceptionally low $8,133 annual taxes. An unparalleled opportunity for immediate high-yield cash flow and future growth.

Amenities

  • Electricity Connected
  • High ceiling
  • 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.