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