About This Home

CORNER 4 FAMILY MIXED USE IN LONG ISLAND CITY Rare opportunity – high cash flowing income property in the heart of Long Island City. Projected Cap Rate is 8-9%. 1st Floor: (2,500sqft) Commercial Space -14feet ceiling+(1250sq ft Basement: 9 feet ceiling) Market Rent $12,000/m 2nd Floor:10 feet ceiling, 2 units, 2 bedroom Apartment. FREE MARKET 3rd Floor- 2 bedroom Apartments on each floor, Free Market 4 Car Garage Property tax: 27,590/year. Insurance: $4000/year. Lot: 25’ by 100’. Every unit has own meter for gas and electric. 4 years old boiler. Convenient location

Getting Around

Walker's Paradise

Very Limited Transit

Very Bikeable

Schools

5/10

Ps 112 Dutch KillsGrades PK-50.3 mi

6/10

Is 204 Oliver W HolmesGrades 6-80.2 mi

3/10

Long Island City High SchoolGrades 9-120.8 mi

Construction

Condition

Year built: 1930

Type & Style

Home type: SingleFamily
Property subType: Building

Interior

Appliances

Appliances included: Dishwasher

Bedrooms & Bathrooms

Bathrooms: 1
Full bathrooms: 1

Features

Flooring: Hardwood

Interior Area

Total structure area: 0

Property

Details

Special condition: Resale

Parking

Parking features: Garage
Has garage: Yes

39-02 29th St #1, Long Island City, NY, 11101