Multifamily Building for Sale.
Multifamily | 8 Units
Marketing 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.
Annual Property Tax $19,382
Zoning M1-2/R5B
Investment highlights
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
Listing Contacts
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