35-51 10th ST, Long Island City, NY 11106 – KEY817711

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Arif Baksh

arif@asarealestategroup.com +1(914) 494-1549

$1,349,000

Est. payment - /mo

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UPDATED:

03/12/2025 07:04 AM

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

MLS Listing ID KEY817711

Originating Board onekey2

Rental Info No

Year Built 1941

Annual Tax Amount $25,326

Property Sub-Type Multi Family

Property Description

This well-maintained pre-war building offers timeless charm and an exceptional investment opportunity. The property features eight 3-bedroom units, along with a one 2-bedroom super's unit that is currently leased. With 10 electric meters, 10 gas meters, an updated Weil-McLain gas boiler (no oil), new heat timer, and a solid roof, this building is efficient and in excellent condition. There are no rents in arrears, and the property is free of violations, which will make for a smooth and hassle-free acquisition. The building is impeccably clean and includes a side entrance leading to a spacious backyard, providing potential for outdoor tenant amenities such as storage. Located in a federally designated Opportunity Zone on the border of Astoria and Long Island City, this property is close to Vernon Blvd, Costco, Socrates Sculpture Park, Roosevelt Island, and Dutch Kills. Tenants benefit from convenient access to buses, subways, laundromats, restaurants, and other neighborhood essentials, making it a highly desirable location. A storage room in the basement can be rented as storage.

Location

State NY

County Queens

Rooms

Basement Common, Partially Finished, See Remarks, Storage Space, Walk-Out Access

Interior

Heating Natural Gas

Cooling Central Air

Flooring Combination, Hardwood, Linoleum

Fireplace No

Exterior

Utilities Available Electricity Connected, Natural Gas Connected

Building

Story 4

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

Elementary Schools Ps 76 William Hallet

Middle Schools Is 204 Oliver W Holmes

High Schools Long Island City High School

School District Queens 30

Others

Special Listing Condition None

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Listed by Horowitz Real Estate

The mission of the ASA Real Estate Group is to provide a lifelong, positive impact on our clients, our communities, our team, as well as the other realtors with which we work. We specialize in assisting Buyers and Sellers transact. With our extensive knowledge of the market we help our clients get the best possible price for their home through proactive marketing approach. We guide sellers and buyers through every step of the process and keep them updated their transaction.

+1(914) 494-1549

arif@asarealestategroup.com

35-51 10th ST Long Island City, NY 11106