Off-Market - Investment Studio - Long Island City - 3.5CAP

Adrian Lupu
Licensed Real Estate Salesperson
Phone: 718-664-7440
47-44 Vernon Blvd, Long Island City, NY 11101
Phone: 718-707-0200
Fax: 718-707-0233


Purves St Apt: Studio
Queens NY 11101


Ownership: Condo
Type: Mid-rise
Rooms: 2
Bedrooms: Studio
Bathrooms: 1
Pets: Unknown
Area: 487 sq ft
Exterior area: 43 sq ft


Price: $535,000
Common charges: $300
Real estate tax: $50
Financing Allowed: 80%
Minimum down: $107,000


Best Studio deal in LIC will not last long.

Tenant in place @$1800/mo. Long term lease extension possible.

Yearly appreciation of unit 7-10%.

15 Year Tax abatement in place.

High floor, low common charges and taxes.

In the heart of Long Island City - Court Square.

Nearby Transportation: N Q R 7 E M G

Showings by appointment 24/h notice.


  • 24 Hour Security Guards
  • Balcony
  • Dining Area
  • Dishwasher
  • Elevator
  • Washer/Dryer


More listings: Long Island City

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.