New York, NY 11106

Property

Ownership: For Sale
Type: Unknown
Bedrooms: 18 BR
Bathrooms: 15
Lot Size: 0.1 Acres

Financials

Price:$3,950,000
Annual Taxes:$2,531.68
24-20 Jackson Ave Floor 3 Long Island City, NY 11101, USA
Listing Courtesy of Amorelli Realty LLC

Package Deal Three 4 Family Properties Long Island City, NY 34 46, 34 48, and 34 50 10th Street present a rare opportunity to acquire a package of three adjacent ...

Description

Package Deal: Three 4-Family Properties | Long Island City, NY 34-46, 34-48, and 34-50 10th Street present a rare opportunity to acquire a package of three adjacent four-family buildings in the heart of Long Island City, one of New York City’s most sought-after and rapidly evolving neighborhoods. Each property contains four residential units with an identical and efficient layout consisting of one studio apartment, two one-bedroom apartments, and one three-bedroom apartment. Across the three buildings, the portfolio totals twelve residential units and includes nine on-site parking spaces, providing additional value and income potential. The properties generate a combined gross annual income of $322,920 and offer investors stable cash flow with long-term upside in a prime LIC location. With strong rental demand, close proximity to transportation, major employment centers, and neighborhood amenities, this portfolio is well positioned for both current income and future appreciation. The properties are being offered as a package sale only. Additional financial information and details are available upon request.

Amenities

  • First Floor Bedroom

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.