11-21 47th Road

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.