Commercial Sale in Long Island City, Queens, NY 11101 | Web ID: PH547302 | $3,900,000

 
Property 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.

Property Information
Location/Town Long Island City
Area/County Queens
Prop. Type Commercial Sale
Tax $19,382.00
# Stories 4
Year Built 1940
Total Units 8
Lot Size 25x85.83
Lot SqFt 2,146
Zoning M1-2/R5B
Tax Lot 13
Units 8
Listing information courtesy of: NY Space Finders Inc
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