Jagjit Singh
REALTOR®, Local Knowledge, Smart Decisions, Trusted Guidanace
(516) 315-1940
Real Estate Salesperson
MLS#1033949
STATUSActive
PROPERTY TYPECommercial -
SCHOOLQueens 30
Property Description
First sale on 3 generations. Own a piece of Long Island City history on of the neighborhood's most coveted and storied blocks, just off of Vernon BoulevardThis 4,500 sf 6 family investment property has been well maintained by the same family for over 60 years and offers a stable tenant base, and up to date inspections and compliance with all local and state requirements.Built 25 x 60 and sitting on a 25x100' lot, the property offers the ideal mix of quiet residential feel and prime location. The 3 story apartment building was constructed in 1931 and features a clean walkable basement and spacious planted backyard as well as a new roof and boilerThe six apartments are all legal 1 bed 1 bath apartments, but configured as 2 bed railroad style residences. This is a rent stabilized investment and will be delivered fully occupied.The property is zoned M1-4/R6B and sits within the Long Island City Mixed use district. The FAR is 2.0 and there is 500 sf of unused air rightsRent roll and expenses upon request
Property Features
Property Type: Commercial -
Cooling: None
Heating: None
Lot Size: 0.06 Acres
Taxes: $13,125
Year Built: 1931
Feature Descriptions
Building Area Total: 4500
Days on Site: 94
Exterior: Other
On Market Date: 2026-08-03
Parcel Number: 00047-0019
Parking Features: Other
Rental Term: Monthly
Sewer: None
Units: 7
Utilities: None
Water: None
Local Schools
School District: Queens 30
Listed By / Shown By
Listing By
Agency Name: Alta New York
Agency Phone: 917-204-6577
Shown By
Agent Name: Jagjit Singh
Agent Phone: (516) 315-1940
Agency Title: Coldwell Banker American Homes
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10-47 47th Avenue | MLS# 1033949
This commercial property located at 10-47 47th Avenue, Long Island City, NY 11101 is currently listed for sale with an asking price of $2,000,000. 10-47 47th Avenue is located within the Queens 30 school district. Search Long Island City real estate on www.jagjithomes.com today.