New York, NY 11364

Property

Ownership: For Sale
Type: Duplex
Bedrooms: Studio
Bathrooms: 3

Financials

Price:$1,499,000
Annual Taxes:$10,102
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of Julia Xelas Realty

Exceptional Investment Property.

Description

Exceptional Investment Property. Welcome to this spacious and well-maintained 2 family condominium in the heart of Oakland Gardens, Flushing. This home includes a total of 6 bedrooms, 4 1/2 baths, 2 family rooms, 2 dining areas, 2 large living rooms and 2 kitchens with a total of approximately 3,637 square feet of living space. This home offers the potential to generate attractive rental income. Each unit is estimated to command a market rent of approximately $4000-$4500 per month, creating a potential combines rental income of $8000-$9000 per month, or $96k-$108k annually. Built in 1950, this unique property features 2 separate duplex units. Additional features include a dedicated laundry room, nice backyard and one-car garage. Enjoy a wonderful Oakland Gardens setting directly across from a beautiful nature preserve park, offering a peaceful green outlook and convenient access to outdoor recreation. The property is also within walking distance to schools, shops, restaurants, and everyday conveniences, making this an ideal location for comfortable living. The property is zoned R3 with annual real estate taxes of approximately $10,102. A truly unique opportunity to own an expansive 2 family condo in a desirable Oakland Gardens location, combining generous living space, versatility, parking, and a wonderful park-side setting.

Amenities

  • Cable - Available
  • Cathedral Ceiling(s)
  • Ceiling Fan(s)
  • Electricity Connected
  • First Floor Bedroom
  • His and Hers Closets
  • Natural Gas Connected
  • Natural Woodwork
  • Sewer Connected
  • Trash Collection Public
  • Walk-In Closet(s)
  • 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.