New York, NY 11369

Property

Ownership: For Sale
Type: Duplex
Bedrooms: 2 BR
Bathrooms: 4
Lot Size: 0.1 Acres

Financials

Price:$1,760,000
Annual Taxes:$9,503.52
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of Sweet Key Realty Group Inc

3 Family ! Collecting 112, 800 annually now !

Description

3-Family !Collecting $112,800 annually now! PRIME EAST ELMHURST INVESTMENT & DEVELOPMENT OPPORTUNITY! Full-Brick 3-Family + Adjacent Large Lot | R6B Zoning | Income-Producing Property! Excellent opportunity to own a full-brick, semi-detached 3-family property with a rare adjacent oversized lot, offering strong rental income and future development potential. >>Main Building: Lot Size: Approx. 37 × 97 FT (3,531 SF)Building Size: Approx. 20 × 58 FT per floor. Currently configured as a 3-family residence with finished basement ,Three-bedroom layouts on the 1st floor, Two 2 Bed/1 bath units on second floor. Tenants pay their own electric, gas, and other utilities Property is in Good condition.>>Additional Adjacent Lot: Approx. 15 × 220 FT=Approx. 3,186 SF Rare opportunity for additional land and potential future development, subject to zoning and DOB approval. Multiple bus lines near the property with convenient access toward Main Street, Flushing Approximately 3 blocks from LaGuardia Airport; Approximately 9 minutes to Flushing; Convenient access to major transportation, shopping, dining, and neighborhood amenities Zoning: R6B — buyers should independently verify zoning, allowable uses, FAR, development potential, and all building information with the appropriate NYC agencies.

Amenities

  • Cable Connected
  • First Floor Bedroom
  • Natural Gas Available
  • Natural Gas Connected
  • Open Kitchen
  • Sewer 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.