Compass is excited to offer a new construction, mixed use, investment property in the Dutch Kills section of Long Island City.

47-44 Vernon Blvd, Long Island City, NY 11101
Courtesy of Compass


25-10 38th Avenue
Queens NY 11101
Cross street:9th Street




Ownership: Income Property
Rooms: 12
Bedrooms: 19 BR
Bathrooms: 21


Price: $14,980,000


Compass is excited to offer a new-construction, mixed-use, investment property in the Dutch Kills section of Long Island City. Net Operating Income - $630,199 CAP Rate - 4.2% - 1 Commercial Unit - 19 Residential Units - 14 One Bedroom Apts - 5 Studio Apts - Garage/warehouse - All units have private outdoor space - Radiant heating throughout entire building including sidewalk - American-made Hollister-Whitney elevator goes from basement to rooftop - All utilities submetered including water - Veissman boilers - Mitsubishi split units - Superintendent storage rooms in basement and roof level - Mechanical rooms on each floor - 20 3'x7'x8' lockable storage cages in basement - Laundry room - Fully equipped gym - Trash Compactor - 50 year Kemper roof - 50 security cameras throughout property - Video intercom - Pella windows - Spray foam insulated - Key fob entry - Wall hung toilets


Laundry Room;

  • Balcony
  • Elevator
  • Laundry Room
  • Video Intercom


More listings: Long Island City

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