Exceptional investment opportunity in the heart of Astoria !


Property

Website:https://www.nestseekers.com/5658362
Address:
New York, NY 11103
Ownership: For Sale
Type: Unknown
Bedrooms: 8 BR
Bathrooms: 4

Financials

Price:$2,350,000
Annual Taxes:$12,600

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

Contact

47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of Voro LLC