Attention all investors, developers and end-users.

11-21 47th Road, Long Island City, NY

$1,499,000

Attention all investors, developers and end-users. In the heart of Long Island City, right off Jackson Avenue, this 6-family building is for sale!!! Each unit has 2 bedrooms, 1 bath, a kitchen and living room. Full unfinished basement with 2 outdoor exits. Income: Unit 1R: $1,424.69/month, lease exp: 4/22/26; 2R: $1,765.00/month, lease exp. 1/31/26; 3R: $1,993.32/month, lease exp. 11/30/25; 1L: in LEGAL; 2L: $1,754.84, lease exp. 2/28/26; 3L: $785.28/month, lease exp. 4/30/26. Annual expenses: Water/Sewer: $4,902. Oil: $4,213. Fire Insurance: $23. Exterminator: $321. Supplies: $4,213. Insurance: $9,832. Taxes: $13,766.84. Five of the 6 units are rent stabilized, Unit 1L is rent controlled.

Property Details

Property Type Residential Multi Family
Mls # 949156
LotSize 0.06 acres
Property Subtype Other
Year Built 1931
Cooling Systems multi units,wall/window unit(s),window unit(s)
Exterior Types frame
Heating Fuels oil
Parking Types on street
Num Of Floors 3
Appliances Refrigerator
Floor Coverings Laminate, Tile
School District Queens 30

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The Andréa Sorrentino Team
The Andréa Sorrentino Team
Licensed Associate Broker
Douglas Elliman Real Estate
  • Roslyn, NY
  • Phone: 516-639-2596
  • Office : 516.629.2616
Thank you

I'll be reaching out to you shortly. In the meantime, please feel free to call or text me with any questions.
Visit me online at https://andreasorrentino.elliman.com

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Having bought and sold several homes over the years I can honestly say that my experience with Andréa Sorrentino and Mike Christie of Douglas Elliman was by far the best. They were always well...

Read more 06/09/2025 - peter costa
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Professional team, fought hard to get a great deal for us

06/07/2025 - Arshia BABA
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I can’t thank Carolyn, Andrea and her team at Douglas Elliman enough for their support and guidance throughout the process of buying our first home! From the beginning Carolyn was patient, and made...

Read more 06/05/2025 - Danielle Castillo-Alexander
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Andréa and Michael are hands down the best agents!!! We were in search to find a house for two years (first year with another agent) and when we started working Andrea and Michael, their care,...

Read more 05/04/2025 - N. T.
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Andrea’s expertise and professionalism is beyond reproach. But beyond that she helped us on all aspects of the sale. She organized trades for estate clean-outs, cleaning crews, and contractors...

Read more 06/20/2024 - jerry36569
Google review

Andrea’s expertise and professionalism is beyond reproach. But beyond that she helped us on all aspects of the sale. She organized trades for estate clean-outs, cleaning crews, and contractors...

Read more 06/20/2024 - Jerry Hahn
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