New York, NY 11435

Property

Ownership: For Sale
Type: Multi-Family
Bedrooms: Studio
Lot Size: 0.1 Acres

Financials

Price:$8,300,000
Annual Taxes:$59,546
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of Jamie Realty Group

Well maintained multifamily investment opportunity featuring two properties being sold together in the heart of Jamaica, Queens.

Description

Well-maintained multifamily investment opportunity featuring two properties being sold together in the heart of Jamaica, Queens. 139-70 Pershing Crescent (26.06' x 100.79' IRR lot size) and 139-72 Pershing Crescent (26.06' x 100.20' IRR lot size) are being offered as one package. Each property features 8 residential units, for a combined total of 16 units. Each building consists of six 1-bedroom apartments with 1 full bathroom, living/dining room, and kitchen; one 3-bedroom apartment with 1 full bathroom, living/dining room, and kitchen; and one 2-bedroom apartment with 1 full bathroom, living/dining room, and kitchen. Combined, both properties offer a total of 22 bedrooms and 16 full bathrooms. Each property contains 11 bedrooms and 8 full bathrooms. Both properties are zoned R6A and feature full finished basements and 2-car parking. Conveniently located near shopping, restaurants, parks, and schools, with easy access to the Q20 and Q44 SBS bus lines. Don't miss this rare opportunity to own two well-maintained income-producing properties in a prime Jamaica location with outstanding investment potential.

Amenities

  • Electricity Connected
  • Natural Gas Connected
  • Sewer Connected
  • Trash Collection Public
  • 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.