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10-20 47th Avenue Building Long Island City Queens NY 11101
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  2. 10-20 47th Avenue
10-20 47th Avenue Building Long Island City Queens NY 11101
10-20 47th Avenue Building Long Island City Queens NY 11101
10-20 47th Avenue Building Long Island City Queens NY 11101
10-20 47th Avenue Building Long Island City Queens NY 11101
10-20 47th Avenue Building Long Island City Queens NY 11101
10-20 47th Avenue Building Long Island City Queens NY 11101
10-20 47th Avenue Building Long Island City Queens NY 11101
10-20 47th Avenue Building Long Island City Queens NY 11101
10-20 47th Avenue Building Long Island City Queens NY 11101
10-20 47th Avenue Building Long Island City Queens NY 11101
10-20 47th Avenue Building Long Island City Queens NY 11101
10-20 47th Avenue Building Long Island City Queens NY 11101
10-20 47th Avenue Building Long Island City Queens NY 11101
10-20 47th Avenue Building Long Island City Queens NY 11101
10-20 47th Avenue Building Long Island City Queens NY 11101
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10-20 47th Avenue

Long Island City | QN
Vernon Boulevard & 11th Street

Schedule a Viewing
Price Drop
$ 2,900,000
[3.33%] [$ -100,000]
Building For Sale
Property Type
Active
Status
3
Rooms
1
Bedrooms
1
Bathrooms
3,198/297
ASF/ASM
$ 7,318
Real Estate Taxes [Per Annum]
  • 10-20 47th Avenue
  • $ 2,900,000
10-20 47th Avenue Building Long Island City Queens NY 11101

Building Details

10-20 47th Avenue Building Long Island City Queens NY 11101
Multi-Family
Ownership
Townhouse
Building Type
None
Service Level
Walk-up
Access
46/43
Block/Lot
25'x30'
Building Size
25'x100'
Lot Size
0
Zoning
1901
Year Built
3/3
Floors/Apts

Photos

10-20 47th Avenue Building Long Island City Queens NY 11101
10-20 47th Avenue Building Long Island City Queens NY 11101
10-20 47th Avenue Building Long Island City Queens NY 11101
10-20 47th Avenue Building Long Island City Queens NY 11101
10-20 47th Avenue Building Long Island City Queens NY 11101
10-20 47th Avenue Building Long Island City Queens NY 11101
10-20 47th Avenue Building Long Island City Queens NY 11101
10-20 47th Avenue Building Long Island City Queens NY 11101
10-20 47th Avenue Building Long Island City Queens NY 11101
10-20 47th Avenue Building Long Island City Queens NY 11101
10-20 47th Avenue Building Long Island City Queens NY 11101
10-20 47th Avenue Building Long Island City Queens NY 11101
10-20 47th Avenue Building Long Island City Queens NY 11101

Floor Plan

10-20 47th Avenue Building Long Island City Queens NY 11101
10-20 47th Avenue Building Long Island City Queens NY 11101

Description

Welcome to an exceptional investment opportunity in the heart of Long Island City! This renovated three-family home is not just a property; it’s a savvy investor’s dream or an ideal choice for an end-user looking to occupy and benefit from rental income, perfectly positioned for maximum returns and future expansion.

Nestled on a tranquil side street, yet just steps from the vibrant energy of Vernon Blvd, this turnkey residence offers unparalleled access to the best of LIC. You’ll find yourself flocked to the coveted waterfront at Gantry State Park, where breathtaking Manhattan skyline views await. With the subway only a short walk away, you’re just one stop from Manhattan, making it a commuter’s delight and a prime choice for renters seeking convenience and a quick commute to the city.

Spanning approximately 1,710 square feet, this meticulously renovated home features a spacious ground-floor 1-bedroom, 1-bath unit with exclusive access to a beautiful 680 square foot backyard garden. The second and third floors each house a well-designed 2-bedroom, 1-bath unit. Each residence is flooded with natural light, showcasing the new wood floors, modern fixtures, and chef’s kitchens with marble countertops and stainless-steel appliances.
The owners have meticulously renovated the property, ensuring all apartments were gut renovated with new kitchens, bathrooms, flooring, heating systems, plumbing, and electrical completed in 2016.

The rental market in this area is consistently on the rise, driven by its proximity to Manhattan and the vibrant lifestyle that Long Island City offers. This property not only provides immediate rental income but also has the potential for further updates to increase its value even more. Plus, with 1,890 square feet of unused Floor Area Ratio (FAR), the possibilities for expansion are limitless!

Whether you’re an investor or an end-user looking for a multifamily home that can generate income while you live in one of the units, this property offers tremendous versatility. Investors will appreciate the upside of owning this property in an A-plus location, where quiet residential living meets the bustling atmosphere of local restaurants, bars, and coffee shops. This is a rare opportunity to secure a multifamily home in one of NYC‘s hottest neighborhoods—don’t miss out on making this incredible property yours!
Welcome to an exceptional investment opportunity in the heart of Long Island City! This renovated three-family home is not just a property; it’s a savvy investor’s dream or an ideal choice for an end-user looking to occupy and benefit from rental income, perfectly positioned for maximum returns and future expansion.

Nestled on a tranquil side street, yet just steps from the vibrant energy of Vernon Blvd, this turnkey residence offers unparalleled access to the best of LIC. You’ll find yourself flocked to the coveted waterfront at Gantry State Park, where breathtaking Manhattan skyline views await. With the subway only a short walk away, you’re just one stop from Manhattan, making it a commuter’s delight and a prime choice for renters seeking convenience and a quick commute to the city.

Spanning approximately 1,710 square feet, this meticulously renovated home features a spacious ground-floor 1-bedroom, 1-bath unit with exclusive access to a beautiful 680 square foot backyard garden. The second and third floors each house a well-designed 2-bedroom, 1-bath unit. Each residence is flooded with natural light, showcasing the new wood floors, modern fixtures, and chef’s kitchens with marble countertops and stainless-steel appliances.
The owners have meticulously renovated the property, ensuring all apartments were gut renovated with new kitchens, bathrooms, flooring, heating systems, plumbing, and electrical completed in 2016.

The rental market in this area is consistently on the rise, driven by its proximity to Manhattan and the vibrant lifestyle that Long Island City offers. This property not only provides immediate rental income but also has the potential for further updates to increase its value even more. Plus, with 1,890 square feet of unused Floor Area Ratio (FAR), the possibilities for expansion are limitless!

Whether you’re an investor or an end-user looking for a multifamily home that can generate income while you live in one of the units, this property offers tremendous versatility. Investors will appreciate the upside of owning this property in an A-plus location, where quiet residential living meets the bustling atmosphere of local restaurants, bars, and coffee shops. This is a rare opportunity to secure a multifamily home in one of NYC‘s hottest neighborhoods—don’t miss out on making this incredible property yours!

Features

Alarm System
Backyard

View / Exposure

Skyline Views
10-20 47th Avenue Building Long Island City Queens NY 11101

Contact

License Licensed As: Alexander Pereira
Alexander Pereira

Alexander Pereira

License Licensed As: Alexander Pereira

Licensed Associate Real Estate Broker

The Alexander Pereira Team

W: 718-784-1110
M: 646-512-1300
Contact Agent Download VCard
License Licensed As: Huan-Chi Huang
Wonda (Huan-Chi) Huang

Wonda (Huan-Chi) Huang

License Licensed As: Huan-Chi Huang

Licensed Real Estate Salesperson

The Alexander Pereira Team

W: 217-418-5887
Contact Agent Download VCard

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Loan Amount

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. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
Listing ID: 49624TH