New York, NY 11368

Property

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

Financials

Price:$3,880,000
Annual Taxes:$56,202.28
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of Landmark International R E LLC

Exceptional mixed use investment opportunity in the heart of Corona !

Description

Exceptional mixed-use investment opportunity in the heart of Corona! Built in 2019, this modern 4-story property features 1 commercial storefront plus 6 residential units, offering strong and stable rental income potential. Situated on a 25x100 lot with approximately 5,104 sq ft building size, this well-maintained asset is configured for maximum efficiency and low maintenance. The residential units offer bright layouts, modern kitchens, stylish bathrooms, and contemporary finishes throughout. Ground-floor commercial space provides additional income stability in this high-traffic location. Conveniently located near shopping, restaurants, public transportation, schools, and major highways. Zoned R6B/C1-4, making this an ideal long-term hold for investors seeking strong cash flow and appreciation potential. Property Highlights: • Built in 2019 • 4-story mixed-use building • 1 commercial unit + 6 residential units • Approx. 5,104 sq ft building size • Lot size 25x100 • Modern construction & low maintenance • Prime Corona location • Excellent income-producing property A rare opportunity to own a newer construction mixed-use building in one of Queens’ most vibrant neighborhoods!

Amenities

  • Electricity Connected
  • Gas Range
  • Natural Gas Connected
  • Refrigerator

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.