Long Island City Multi-Family Investment Opportunity Available!



Total Area: 1600 Sqft

Unused FAR: 933 sqft

Basement: approximately 600+ sqft , Full finished basement (below grade)

Zoning: M1 - Light Industrial

Opportunity Zone: Qualified



Details

1st Floor Unit:

Layout: 1 Bedroom, 1 Bath Apartment

Current Status: Excellent tenant paying $2000/month, or can be delivered vacant

Features: Spacious living area, well-maintained, direct access to indoor/outdoor deck and large backyard, steady rental income.



2nd Floor Unit:

Layout: 2 Bedroom, 1 Bath Apartment

Current Status: Delivered vacant, ideal for short-term rentals or long-term lease

Features: Proven success as a short-term rental, attractive layout.



Basement:

Status: Full finished, below grade

Potential Use: Storage, additional living space, or conversion for other uses, has a 3rd Full Bathroom



Additional Information:

Unused FAR: 933 Sqft available for potential expansion.



Don't miss this rare investment opportunity in a versatile property with significant income potential and development possibilities. Whether you're looking for a steady rental income or a successful short-term rental, this property has it all.



For more information or to schedule a viewing, contact us today! © 2024 OneKey™ MLS, LLC