Active

35-51 10th Street

Long Island City NY, 11106

$1,349,000


$177.50 per sqft

Active

7,600 sqft

Multi-family

Built in 1941

This well-maintained pre-war building offers timeless charm and an exceptional investment opportunity. The property features eight 3-bedroom units, along with a one 2-bedroom super's unit that is currently leased. With 10 electric meters, 10 gas meters, an updated Weil-McLain gas boiler (no oil), new heat timer, and a solid roof, this building is efficient and in excellent condition. There are no rents in arrears, and the property is free of violations, which will make for a smooth and hassle-free acquisition. The building is impeccably clean and includes a side entrance leading to a spacious backyard, providing potential for outdoor tenant amenities such as storage. Located in a federally designated Opportunity Zone on the border of Astoria and Long Island City, this property is close to Vernon Blvd, Costco, Socrates Sculpture Park, Roosevelt Island, and Dutch Kills. Tenants benefit from convenient access to buses, subways, laundromats, restaurants, and other neighborhood essentials, making it a highly desirable location. A storage room in the basement can be rented as storage.

820704

MLS ID

February 4, 2025

Listed

February 12, 2025

Updated

Interior Features

Interior Features

High Speed Internet


Floor Description

Combination, Hardwood, Linoleum


Fireplace

No


Cooling

Yes


Cooling Description

Individual Units


Heating

Yes


Heating Description

Natural Gas

Exterior/Building Features

Sewer

Public Sewer

School Information

School District

Queens 30


High School

Long Island City High School


Elementary School

Ps 76 William Hallet

Other Property Details

Taxes

$25,326


Tax Frequency

Annually


Days on Market

1


Garage

No


View

No


County

Queens


Water Source

Public


Pool

No


Utilities

Electricity Connected, Natural Gas Connected

Listed by Peter S. Horowitz  with Horowitz Real Estate
Listing Contact: 718-355-8881 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Ann Ferguson shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 10:20 AM UTC, 2/12/2025

  

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