New York, NY 11368

Property

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

Financials

Price:$3,500,000
Annual Taxes:$64,013
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of Telemundo Realty Corp

Excellent investment opportunity in the heart of Corona, Queens.

Description

Excellent investment opportunity in the heart of Corona, Queens. This package consists of two well-maintained, solid-brick buildings containing a total of 32 residential units, with 16 units in each building. The unit mix includes 21 one-bedroom apartments, and 11 two-bedroom Sale includes a package with 98-15 34th Avenue for a combined asking price of $7,250,000. Excellent investment opportunity in the heart of Corona, Queens. This package consists of two well-maintained, solid-brick buildings containing a total of 32 residential units, with 16 units in each building. The unit mix includes 21 one-bedroom apartments and 11 two-bedroom apartments. Of the 32 units, 30 are rent stabilized and 2 are rent controlled. Each building measures approximately 40 x 90 on a combined 80 x 100 lot. The properties are conveniently located near major roadways, schools, shopping, banks, restaurants, and other neighborhood amenities. Public transportation is easily accessible, including the 7 train at Roosevelt Avenue and Junction Boulevard, as well as nearby bus service along Northern Boulevard. The buildings offer strong potential for future rental growth and long-term appreciation, making this a compelling opportunity for an investor seeking a substantial multifamily asset in Queens. apartments. Of the 32 units, 30 are rent stabilized and 2 are rent controlled. Each building measures approximately 40 x 90 on a combined 80 x 100 lot. The properties are conveniently located near major roadways, schools, shopping, banks, restaurants, and other neighborhood amenities. Public transportation is easily accessible, including the 7 train at Roosevelt Avenue and Junction Boulevard, as well as nearby bus service along Northern Boulevard. The buildings offer strong potential for future rental growth and long-term appreciation, making this a compelling opportunity for an investor seeking a substantial multifamily asset in Queens.

Amenities

  • Electricity Connected
  • Natural Gas Connected
  • Sewer Connected
  • 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.