New York, NY 11372

Property

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

Financials

Price:$1,749,000
Annual Taxes:$63,802.40
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of Professional RE of New York

Introducing an exceptional investment opportunity in the heart of Jackson Heights.

Description

Introducing an exceptional investment opportunity in the heart of Jackson Heights. This well-maintained, all-brick 5-unit multifamily building offers approximately 5,852 square feet of building area on a 2,337 square foot lot and is ideally positioned in one of Queens' most sought-after rental markets. The building is serviced by natural gas hot water heat with separate gas and electric meters, offering efficient management for investors. Zoned R5, this property presents strong long-term investment potential with consistent rental demand and future upside. Conveniently located near Roosevelt Avenue, public transportation, shopping, restaurants, schools, and major thoroughfares, this is a rare opportunity to acquire a stabilized multifamily asset in a prime Jackson Heights location. Ideal for both seasoned investors and those looking to expand their multifamily portfolio.

Amenities

  • Electricity 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.