Property Description
This detached 4-family property is an excellent opportunity for both development and income investment. It boasts a strategic location with zoning designated as r7a and a generous far (floor area ratio) of 4. This means there's significant potential for construction with a total buildable area of 10, 560 square feet. The property is versatile, offering options for development or for living in one unit while generating rental income from the others. The property's location is a strong selling point, as it is conveniently situated close to various amenities, including bus routes, the nyc ferry, socrates sculpture park, costco, and more, making it appealing for both residents and potential renters. In summary, this detached 4-family property offers a blend of development potential and steady rental income, making it a versatile and attractive investment opportunity in a desirable location.
Property Information
| Location/Town | Long Island City |
| Area/County | Queens |
| Prop. Type | Four Family House for Sale |
| Style | Colonial |
| Tax | $7,500.00 |
| Bedrooms | 10 |
| Total Rooms | 14 |
| Total Baths | 4 |
| Full Baths | 4 |
| Year Built | 1916 |
| Basement | Finished, Full |
| Construction | Brick |
| Total Units | 4 |
| Lot Size | 26.42x100 |
| Lot SqFt | 2,642 |
| Cooling | None |
| Heat Source | Natural Gas, Baseboa |
| Community Features | Park, Near Public Transportation |
| Lot Features | Near Public Transit |
| Parking Features | None |
| Tax Lot | 46 |
| Units | 4 |
| School District | Queens 30 |
| Middle School | Is 141 Steinway (The) |
| High School | Long Island City High School |
| Listing information courtesy of: Realty Executives Today | |
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