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Long Island City NY, 11101 $3,900,000

Misc Commercial , 6020 SqFt 

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Details ML#: 3516491  

  • # of Families: 8
  • Sale or Rent:Sale
  • Year Built: 1940
  • Taxes: $19,382
  • Status:Active

Description

Welcome to a gem in the heart of Long Island City! This turnkey, 90% free market, investment property offers a unique opportunity to own a fully leased, recently renovated 8-unit multi-family building. With tenants already in place, you can start generating income from day one. All eight units are currently leased, providing a stable and consistent income stream for savvy investors. Benefit from the immediate returns of a property that is not only well-maintained but also in high demand in the thriving Long Island City rental market. Seize this opportunity to own a prime piece of Long Island City real estate. HIGHLIGHTS: Modern interior appliances and equipment All units are free market except for unit #6 (rent controlled). Located near Ed Koch Bridge and Queens & Queensboro Plaza station Close to retail corridor of Long Island City ? Easy access to N/W/R/E/7/M/F. Protected Tax Class (2B). Significant upside value. Featured Commercial Sales., Building Size:6020

More Property Details

Property Features

Lot Sq Ft: 2146   Approx. Int. Sq. Ft.: 6020.00   Stories: 4  

Financial

Taxes: $19,382  

Local Area Information

Zoning: M1-2/R5B   Block: 408   Lot: 13  

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