New York, NY 11368

Property

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

Financials

Price:$1,700,000
Annual Taxes:$34,071
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of Signature Premier Properties

Located in the heart of Corona, Queens, 102 20 Radcliff Avenue is a seven unit multifamily investment property with an additional superintendent s unit.

Description

Located in the heart of Corona, Queens, 102-20 Radcliff Avenue is a seven-unit multifamily investment property with an additional superintendent’s unit. Built in 1991, it offers notably newer construction and more modern building systems than much of the surrounding pre-war and mid-century housing stock in the neighborhood. The building is comprised of eight one-bedroom apartments, a uniform unit mix that simplifies leasing, turnover, and day-to-day management while appealing to the steady base of renters this pocket of Queens consistently attracts. All units are currently occupied, allowing the new owner to take over and immediately begin collecting rental income. The property also includes a driveway and one-car garage. 102-20 Radcliff Avenue represents a straightforward, professionally manageable addition to a multifamily portfolio. Corona is one of the borough’s most densely populated and in-demand rental neighborhoods, giving tenants convenient access to Manhattan via the 7 train, along with proximity to Flushing Meadows Corona Park, Citi Field, and the USTA Billie Jean King National Tennis Center, plus everyday retail and dining along Roosevelt Avenue and National Street and easy access to LaGuardia Airport, the Grand Central Parkway, and the Long Island Expressway.

Amenities

  • Electricity Connected
  • Gas Oven
  • Gas Range
  • Gas Water Heater
  • Natural Gas Connected
  • Refrigerator
  • 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.