Price Reduced 5.29%

$1,699,999 ($801.51 per sqft)

Est. Mortgage $9,048/mo *

Quick Pre-Approval

Price History

$1,795,000
11/28/2023

$1,699,999
1/24/2024


42-10 34th Avenue, Long Island City, NY, 11101

42-10 34th Avenue, Long Island City, NY, 11101

11 rooms

4 beds

2 Full / 1 Half baths

1920

Store+Dwell

2,121 sqft

Discover a prime investment opportunity in Long Island City! This mix-use gem features two spacious 2-bedroom residential units spanning 1,404 sq. ft., alongside a thriving 707 sq. ft. pet grooming commercial space. Boasting a robust net income of $81,970, this property is an investor's dream. Situated in a vibrant locale, it's an ideal candidate for a 1031 exchange, ensuring both immediate profitability and long-term potential. Notably, the commercial tenant's solidity enhances the investment's stability. Don't miss out on securing this lucrative property in an area ripe with opportunity!


Status:

Active

Type:

Multi-family

Units:

3

Zoning:

R6B

Garage:

No Garage, None

Heating:

Oil, Baseboard, Hot Water

Cooling:

Wall Unit(s)

Basement:

Full, Unfinished

Acreage:

0.02

Est. Taxes:

$6,914

Construction

Brick

Lot Description:

Near Public Transit

Middle School:

Is 10 Horace Greeley

High School:

William Cullen Bryant High School

School District:

Community District 30

MLS #:

3518444


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Douglas Elliman Real Estate 917-440-5635