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Long Island City NY, 11106 $1,200,000

Single Family For Sale 3 Beds , 2 Full Bath , 1600 SqFt 

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Details ML#: H6313372  

  • Style: Townhouse
  • # of Families: 2
  • Year Built: 1901
  • Taxes: $7,824
  • Status:Active

Description

Long Island City Multi-Family Investment Opportunity Available! Total Area: 1600 Sqft Unused FAR: 933 sqft Basement: approximately 600+ sqft , Full finished basement (below grade) Zoning: M1 - Light Industrial Opportunity Zone: Qualified Details 1st Floor Unit: Layout: 1 Bedroom, 1 Bath Apartment Current Status: Excellent tenant paying $2000/month, or can be delivered vacant Features: Spacious living area, well-maintained, direct access to indoor/outdoor deck and large backyard, steady rental income. 2nd Floor Unit: Layout: 2 Bedroom, 1 Bath Apartment Current Status: Delivered vacant, ideal for short-term rentals or long-term lease Features: Proven success as a short-term rental, attractive layout. Basement: Status: Full finished, below grade Potential Use: Storage, additional living space, or conversion for other uses, has a 3rd Full Bathroom Additional Information: Unused FAR: 933 Sqft available for potential expansion. Don’t miss this rare investment opportunity in a versatile property with significant income potential and development possibilities. Whether you’re looking for a steady rental income or a successful short-term rental, this property has it all. For more information or to schedule a viewing, contact us today!

More Property Details

Room Information

Bedroom: 3   Full Bath: 2  

Property Features

Approx. Int. Sq. Ft.: 1600.00   Parking Spaces: Yes   Parking Facilities: On Street  

Appliances & Utilities

Heat: Natural Gas, Hot Water   A/C: Wall/Window Unit(s)   Water: Public   Sewer: Public Sewer  

Financial

Taxes: $7,824  

Local Area Information

School District#: 30   School District: Community District 30  

Listing Information provided courtesy of Compass Greater NY, LLC  914-725-7737
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