New York, NY 11372

Property

Ownership: For Sale
Type: Retail
Bedrooms: Studio
Lot Size: 0.0 Acres

Financials

Price:$1,850,000
Annual Taxes:$25,406
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of RE/MAX Team

Prime Jackson Heights 2 story 2, 818 Sq.

Description

Prime Jackson Heights 2 story 2,818 Sq.Ft commercial building plus a legal retail basement. Rare Vacancies in area. Heavy pedestrian and vehicle traffic. Only 1 block to the ultra busy 90th Street #7 subway platform. (5 million annual passengers) Layout of the building is as follows: First floor 975+-Sq.Ft. Beauty Salon ($5,000 per Month. No Lease). 2nd Floor 943+-Sq.Ft office: (Vacant. Market $3,250 per Month). Lower Level/Basement: 900+- Sq.Ft retail/office: (Vacant. Market $3,250 per Month). Projected rents when fully rented at market value is $144,000 per year. Expenses are $36,109. Net Income: $101,891 (5.91 Cap)

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.