New York, NY 11103

Property

Ownership: For Sale
Type: Unknown
Bedrooms: 8 BR
Bathrooms: 4

Financials

Price:$2,350,000
Annual Taxes:$12,600
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of Voro LLC

Exceptional investment opportunity in the heart of Astoria !

Description

Exceptional investment opportunity in the heart of Astoria! This fully renovated 4-family property offers four spacious 2-bedroom, 1-bath apartments, each thoughtfully designed with central air conditioning and heat, vented kitchens and bathrooms, high ceilings, hardwood floors, and modern finishes throughout. The building features an elegant tiled common hallway with marble staircases, creating a welcoming and upscale first impression. The finished basement includes an epoxy floor, ample storage space, and a coin-operated laundry area, providing added convenience for tenants and additional income potential. This property has undergone extensive capital improvements, including a new roof, updated plumbing, new electrical service, upgraded gas service, new boiler, and spray foam insulation throughout, resulting in a low-maintenance, energy-efficient asset. A turnkey investment with quality upgrades, strong rental appeal, and excellent cash flow potential, this is an outstanding opportunity for investors seeking a stable, income-producing property in one of Queens' most desirable neighborhoods.

Amenities

  • Electricity Connected
  • ENERGY STAR Qualified Door(s)
  • Entrance Foyer
  • Granite Counters
  • High ceiling
  • Natural Gas Connected
  • Recessed Lighting
  • Storage
  • 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.