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:$10,464.40
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of Neighborhood Elite Homes LLC

RARE 3 FAMILY BRICK HOME PRIME QUEENS LOCATION 1, 349, 000 A TRUE MULTI FAMILY OPPORTUNITY DON T MISS IT !

Description

RARE 3-FAMILY BRICK HOME | PRIME QUEENS LOCATION | $1,349,000 A TRUE MULTI-FAMILY OPPORTUNITY — DON’T MISS IT! Priced at $1,349,000, this well-maintained 2008-built brick 3-family offers the combination serious end buyers and investors look for: multiple legal living units, existing rental income, separate utilities, finished basement, parking potential, and a prime Queens location. With 8 bedrooms and 3 bathrooms, this property gives you the flexibility to live in one unit while collecting rental income from the others, accommodate extended family, or hold as an income-producing investment. WHY BUYERS SHOULD TAKE A SERIOUS LOOK 3-Family Brick — Built in 2008 8 Bedrooms | 3 Bathrooms Finished High-Ceiling Basement 2 Separate Outside Basement Entrances Hardwood Floors Throughout Separate Gas & Electric Meters Existing Tenants on 2nd & 3rd Floors On-Time Paying Tenants Rent Rolls Available for Buyer Review 2 Front Parking Spaces — potential for legalization subject to NYC/DOT approval and permits Approx. $10,000 Annual Property Taxes OWNER-OCCUPANT? THIS COULD BE YOUR ADVANTAGE. Live in one apartment and use rental income from the other units to help offset your ownership costs. The 3-family configuration provides flexibility that a typical single-family property simply cannot offer. INVESTOR? LOOK AT THE UPSIDE. You're buying a newer brick multi-family property with existing rental income, separate utilities, and additional value potential. Review the current rent roll, evaluate the property's income, and determine your own upside strategy. The finished basement and parking configuration add further flexibility, subject to applicable zoning, permits, and approvals. LOCATION MATTERS. Conveniently located between Hillside Avenue and Jamaica Avenue, close to shopping, schools, medical offices, restaurants, major transportation, and nearby religious institutions. A PROPERTY WITH MULTIPLE EXIT STRATEGIES Whether you're looking to owner-occupy, house multiple generations, generate rental income, or build long-term real estate equity, this 3-family offers flexibility and income potential in a highly convenient Queens location. At $1,349,000, opportunities like this deserve a closer look. Review the rent rolls. Analyze the numbers. See the property. Make your offer. Serious buyers — schedule your private showing today.

Amenities

  • Balcony
  • Cable - Available
  • Electricity Available
  • Electricity Connected
  • Formal Dining
  • Granite Counters
  • High ceiling
  • Mailbox
  • Marble Counters
  • Natural Gas Available
  • Natural Gas Connected
  • Near Public Transit
  • Near School
  • Near Shops
  • Open Kitchen
  • Primary Bathroom
  • Trash Collection Public
  • 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.