New York, NY 11432

Property

Ownership: For Sale
Type: Unknown
Bedrooms: 8 BR
Bathrooms: 3
Lot Size: 0.0 Acres

Financials

Price:$1,349,000
Annual Taxes:$5,689
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of Neighborhood Elite Homes LLC

Spacious Brick 3 Family Home in Highly Sought After Neighborhood Welcome to this well maintained brick 3 family home offering an excellent opportunity for both investors and owner occupants.

Description

Spacious Brick 3-Family Home in Highly Sought-After Neighborhood Welcome to this well-maintained brick 3-family home offering an excellent opportunity for both investors and owner-occupants. The property features 8 bedrooms and 3 full bathrooms, with spacious layouts, high ceilings, and a large basement offering additional storage and future potential. The first- and second-floor apartments are occupied by reliable, on-time-paying tenants, providing immediate rental income. The third-floor apartment is currently vacant and features 3 bedrooms, 1 full bathroom, living room, dining area, and kitchen—ideal for an owner-user or a new tenant. The property offers excellent utility separation with 3 separate boilers, 3 separate hot-water tanks, and 4 electric meters, providing convenient management and potential control over operating expenses. Low property taxes further enhance the investment profile. Conveniently located near schools, shopping, restaurants, public transportation, and the F train, this property offers easy access to neighborhood amenities and transportation. Turn-key investment opportunity with an available unit—move in, rent the vacant apartment, or maximize the property's income potential. Offered at $1,349,000.

Amenities

  • Aluminum Frames
  • Electricity Connected
  • First Floor Full Bath
  • Insulated Windows
  • Natural Gas Available
  • Natural Gas Connected
  • Water Available
  • 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.