New York, NY 11368

Property

Ownership: For Sale
Type: Multi-Family
Bedrooms: Studio

Financials

Price:$2,550,000
Annual Taxes:$1,380
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of City Advance Realty Inc

Well maintained 6 family residential building located in Corona, approximately one block from the 7 Train.

Description

Well-maintained 6-family residential building located in Corona, approximately one block from the 7 Train. The property offers approximately 5,515 ft of building area situated on a 3,688 sq ft lot, with building dimensions of approximately 20.50x68.38. Features include a fully finished basement, front and rear balconies, backyard, and three parking spaces. The building is equipped with 6 gas meters and 7 electric meters. The property is currently fully occupied with a residential rent roll of approximately $13,370 per month. In addition, the property currently generates additional income from basement and ancillary space. Annual property taxes are currently approximately $1,380, with a tax abatement in place (buyer to verify remaining term). Conveniently located near transportation, shopping, and neighborhood amenities. All information deemed reliable but not guaranteed. Buyers should independently verify all information.

Amenities

  • Natural Gas Available

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.