New York, NY 11378

Property

Ownership: For Sale
Type: Duplex
Bedrooms: 7 BR
Bathrooms: 3
Lot Size: 0.1 Acres

Financials

Price:$1,198,000
Annual Taxes:$7,437.80
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of B Square Realty

Forget everything you've seen in the renovated category this is the rare one done right.

Description

Forget everything you've seen in the "renovated" category — this is the rare one done right. A fully gut-renovated semi-detached two-family on a quiet Maspeth block, delivering over 1,990 sq ft of finished living space plus a full finished basement, with zero corners cut. Two beautifully designed units — each with its own kitchen, full bath, separate boiler, hot water heater, and electrical panel — means you live in one and collect rent from the other, or house extended family with complete privacy. Both units are separately metered, so each occupant handles their own utilities. Cap rate approx. 6.5%. The craftsmanship here is the story: 3⁄4-inch solid hardwood floors throughout every level, all-copper plumbing (including a new underground sewer line to the street), brand-new insulation and drywall, three full bathrooms with premium fixtures, and solid interior doors. The kind of bones that hold up for decades — not the flipped-and-filmed variety. Zone heating lets each floor run independently. New roof. Energy-efficient windows throughout. Full electrical systems replaced, with two separate panels. Three security cameras included. This home is genuinely move-in ready — bring your furniture. Steps from Juniper Valley Park, with express bus service to Manhattan (QM24, QM25) and local routes Q18, Q58, Q59, Q67, Q98 nearby. A strong candidate for a 1031 exchange or long-term rental play — or simply the smartest home purchase you'll make this year. Will not last!

Amenities

  • Electricity Available
  • Natural Gas Available
  • Open Kitchen
  • Sewer Available
  • Water 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.