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33556007
33556006

31-29 47th Street, Long Island City, NY 11103 For Sale

OS
10401251142
Compass Union Square
Listed by Compass Union Square
$1,700,000
53 days on market
Updated 41 days ago

31-29 47th Street Multifamily for Sale

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,660
Units 6
Cap Rate 6.89%
NOI $117,050
Tenancy Multi
Price per SqFt $464
Class C
Year Built 1928
Year Renovated 2024
Stories 3
Acreage 2500.000
Zoning R5
Investment Type Stabilized

Six family with 3 parking garages

Investment highlights

  • Calling for investors or end users!
  • A very well kept six family building for grab.
  • 5 two bedroom renovated apartments and 1 one bedroom.
  • Full basement for storage, 3 garages and shared driveway.
  • One two bedroom is delivered vacant which can be an owner's residence.
  • Excellent location! Just a block away from the 46th Street subway station on M/R train. All Broadway restaurants, cafes and shops are nearby.
  • Call or email for the building full info.

Listing Contacts

OS
10401251142
Compass Union Square
Listed by Compass Union Square

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$117,050.00
$9,754.17/mo

Valuation Metrics

0
DSCR
6.89%
Cap Rate
6.89%
ROI

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Property History

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