10-47 47th AVE, Long Island City, NY 11101
10-47 47th AVE, Long Island City, NY 11101
10-47 47th AVE, Long Island City, NY 11101
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$2,000,000
Est. payment /mo
2,500 Sqft Lot
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Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1033949

Rental Info No

Year Built 1931

Annual Tax Amount $13,125

Lot Size 2,500 Sqft

Acres 0.0574

Property Sub-Type Multi Family

Source onekey2

Property Description

First sale on 3 generations. Own a piece of Long Island City history on of the neighborhood's most coveted and storied blocks, just off of Vernon Boulevard

This 4,500 sf 6 family investment property has been well maintained by the same family for over 60 years and offers a stable tenant base, and up to date inspections and compliance with all local and state requirements.

Built 25 x 60 and sitting on a 25x100' lot, the property offers the ideal mix of quiet residential feel and prime location. The 3 story apartment building was constructed in 1931 and features a clean walkable basement and spacious planted backyard as well as a new roof and boiler

The six apartments are all legal 1 bed 1 bath apartments, but configured as 2 bed railroad style residences. This is a rent stabilized investment and will be delivered fully occupied.

The property is zoned M1-4/R6B and sits within the Long Island City Mixed use district. The FAR is 2.0 and there is 500 sf of unused air rights

Rent roll and expenses upon request

Location

State NY

County Queens

Interior

Heating None

Cooling None

Fireplace No

Exterior

Parking Features Other

Utilities Available None

Building

Foundation Other

Sewer None

Water None

Structure Type Other

Schools

High Schools Queens 30

School District Queens 30

Others

Special Listing Condition None


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OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by Alta New York • Rick Kelly

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Karin Lanciano

Karin Lanciano

+1(917) 426-8415

Agent | License ID: 10401317111

Agent License ID: 10401317111

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