Introducing an Exceptional Multi-Family Investment Opportunity in Long Island City Nestled in the vibrant neighborhood of Long Island City, this impressive 4-family property at 37-27 11th St presents an unparalleled opportunity for savvy investors and homebuyers alike. With its prime location and versatile layout, this property...
Introducing an Exceptional Multi-Family Investment Opportunity in Long Island City Nestled in the vibrant neighborhood of Long Island City, this impressive 4-family property at 37-27 11th St presents an unparalleled opportunity for savvy investors and homebuyers alike. With its prime location and versatile layout, this property is a true gem that promises a rewarding investment or a comfortable multi-generational living experience. Key Features: 4 well-appointed units: 4 spacious one-bedroom, one-bathroom apartments Currently 1 vacant unit available for immediate occupancy Flexible options: Deliver vacant or with existing tenants in place Zoned for M1-3, offering potential for residential or commercial use Situated in an Opportunity Zone, providing tax incentives for investors Lot Size - 25 * 85.92 Building Size - 250 * 43 This building's prime location in the sought-after Long Island City area is a major asset, offering residents easy access to a wealth of amenities, transportation options, and the pulsating energy of one of New York City's most dynamic neighborhoods. Whether you envision maximizing rental income as a residential asset or exploring development opportunities to unlock the property's full potential, this multi-family building presents a rare and exciting canvas for your vision. Don't let this exceptional opportunity pass you by. Contact us today to schedule a private viewing and discover how this remarkable property can elevate your investment portfolio.
Courtesy of Compass
New Listing
Long Island City, New York
Type: Townhouse
Price: $1,350,000
Re Tax: $6,000
Date Listed: 10/22/2024
Web ID: 1090422807
Type: Townhouse
Rooms: 12.0
Bedrooms: 4
Bathrooms: 4.0
Built: 1910
Long Island City (LIC), nestled along the East River in Queens, New York, offers a unique blend of industrial charm and modern living. Its stunning skyline views of Manhattan make it a sought-after destination for both residents and visitors. LIC boasts a thriving arts scene, with museums like MoMA PS1 and the Sculpture Center, making it a hub for creative minds. The neighborhood also offers a range of parks, waterfront promenades, and cultural events throughout the year.
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