36-52 35th St - Apartments FOR SALE


Long Island City, NY 11106- LIC
$4,590,000 USD
917-684-8981
36-52 35th St, Long Island City, NY for Sale
$4,590,000 USD
Apartments - FOR SALE
1/11
null | 6.2% Cap Rate

36-52 35th St
Long Island City, NY 11106
LIC


HIGHLIGHTS

  • Situated between 36th Avenue and 37th Avenue, the building is ideally located for commuters and city dwellers alike.
  • Motivated seller
  • A prime investment opportunity!

OVERVIEW

Unique Multi-Family Building – 30 Units An exceptional investment opportunity featuring 30 rental units: • 15 one-bedroom units • 13 two-bedroom units • 2 three-bedroom units Most units have been fully renovated with upgraded interiors, while common areas are immaculately maintained. Each unit is separately metered for electricity and gas, and the building is equipped with efficient gas-powered heating and hot water. The property is ideally located just minutes from the subway, surrounded by shops and restaurants, offering both convenience and strong tenant appeal. The building maintains a stable tenant base with a track record of on-time rent payments. This asset offers a high rate of return and the option of owner financing. Don’t miss out—schedule a viewing today!

FOR SALE DETAILS

PRICE

$4,590,000 USD

PRICE/SF

$222 USD /SF

# OF UNITS

30

PRICE/UNIT

$153,000

CAP RATE

6.2%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1925

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

M1-1

APN/PARCEL ID

00634-0057

ASK ABOUT THIS PROPERTY

Hong Qing LinE Realty International CorpMore Info
917-684-8981

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Hong Qing LinE Realty International CorpMore Info
917-684-8981

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.