Homes for sale - 11-27 31st DR, Long Island City, NY 11106

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Valon Nikci

Link NY Realty

valon@linknyrealty.com +1(646) 321-9428

$2,195,000

Est. payment - /mo

10 Beds

4 Baths

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UPDATED:

12/04/2024 10:50 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

MLS Listing ID KEYL3515406

Style Colonial

Bedrooms 10

Full Baths 4

Originating Board onekey2

Rental Info No

Year Built 1916

Annual Tax Amount $7,500

Lot Dimensions 26.42x100

Property Description

This detached 4-family property is an excellent opportunity for both development and income investment. It boasts a strategic location with zoning designated as R7A and a generous FAR (Floor Area Ratio) of 4. This means there's significant potential for construction with a total buildable area of 10,560 square feet. The property is versatile, offering options for development or for living in one unit while generating rental income from the others. The property's location is a strong selling point, as it is conveniently situated close to various amenities, including bus routes, the NYC Ferry, Socrates Sculpture Park, Costco, and more, making it appealing for both residents and potential renters. In summary, this detached 4-family property offers a blend of development potential and steady rental income, making it a versatile and attractive investment opportunity in a desirable location.

Location

State NY

County Queens

Rooms

Basement Finished, Full

Interior

Heating Natural Gas, Baseboard

Cooling None

Fireplace No

Exterior

Parking Features None

Amenities Available Park

Private Pool No

Building

Lot Description Near Public Transit, Near School, Near Shops

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

Middle Schools Is 141 Steinway (The)

High Schools Long Island City High School

School District Queens 30

Others

Senior Community No

Special Listing Condition None

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Valon Nikci

+1(646) 321-9428

CEO & Principal Broker | License ID: 10991208180

CEO & Principal Broker License ID: 10991208180

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11-27 31st DR Long Island City, NY 11106

Valon Nikci

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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11-27 31st DR