New York, NY 11370

Property

Ownership: For Sale
Type: Multi-Family
Bedrooms: Studio
Lot Size: 0.1 Acres

Financials

Price:$1,000,000
Annual Taxes:$36,317.08
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of Chase Global Realty Corp

Spacious multi unit investment opportunity in the heart of East Elmhurst.

Description

Spacious multi-unit investment opportunity in the heart of East Elmhurst. The property features 6 total units (5 legal rental units plus 1 auxiliary space) and is currently fully occupied, offering immediate rental income potential. All tenants will remain in place and the property will be sold as-is. The building also includes 4 on-site parking spaces, a rare and valuable feature in Queens that can provide additional income or strong tenant appeal. Conveniently located near LaGuardia Airport, major highways, and public transportation, with easy access to shopping, dining, and neighborhood amenities. A solid opportunity for investors seeking steady cash flow, long-term hold potential, or a 1031 exchange property in a high-demand rental area.

Amenities

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