New York, NY 11385

Property

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

Financials

Price:$1,000,000
Annual Taxes:$13,132.23
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of Amorelli Realty LLC

6 Family Rent Stabilized 9.

Description

6 Family Rent Stabilized 9.3% CAP Rate Actual Rent Roll, Legal Rents allow for $1k+ more monthly rent 1L $2,397.12 1R $2,050.00 2L $1,764.20 2R $2,253.77 3L $1,257.61 3R $2,096.27 Monthly Total $11,818.97 Annual $141,828 ANNUAL EXPENSES Real Estate Taxes $17,510 Electricity $973 Insurance $8,390 Water / Sewer $7,995 Heating $7,413 Repairs & Maintenance $5,000 Vacancy $4,255 Total Annual $51,536 Buyers must show proof of funds to tour.

Amenities

  • 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.