$1,699,999
↓ $95K (5.3%)
●
Multifamily -
For Sale
42-10 34th Avenue
Long Island City, NY 11101
4 Beds
3 Baths,
1
Half Bath
$8,924
Estimated Monthly
$0
HOA / Fees
7.82%
Cap Rate
About This Property
Discover a prime investment opportunity in Long Island City! This
mix-use gem features two spacious 2-bedroom residential units
spanning 1,404 sq. ft., alongside a thriving 707 sq. ft. pet
grooming commercial space. Boasting a robust net income of $81,970,
this property is an investor's dream. Situated in a vibrant locale,
it's an ideal candidate for a 1031 exchange, ensuring both
immediate profitability and long-term potential. Notably, the
commercial tenant's solidity enhances the investment's stability.
Don't miss out on securing this lucrative property in an area ripe
with opportunity!
Unit Size
-
Days on Market
152 days
Land Size
0.02 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$576
HOA Dues
-
Year Built
1920
Listed By
Last updated: 4 months ago (OneKey MLS #ONE3518444)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 24, 2024 | Price Decreased |
$1,699,999
↓ $95K
(5.3%)
|
|
| Price Decreased | |||
| Nov 28, 2023 | Listed by Douglas Elliman Real Estate | $1,795,000 | |
| Listed by Douglas Elliman Real Estate | |||
| Sep 22, 2017 | Sold to P3 Commercial Properties Llc | $1,400,000 | |
| Sold to P3 Commercial Properties Llc | |||
| Aug 25, 2014 | Sold to Mac Realty 1 Llc | $907,000 | |
| Sold to Mac Realty 1 Llc | |||
Property Highlights
Air Conditioning
Parking Details
Parking Features: No Garage, None
Interior Details
Bathroom Information
Half Bathrooms: 1
Full Bathrooms: 2
Room 1
Level: First
Type: Commercial Space?
Room 2
Level: Second
Type: 2 Bedrooms / 1 Baths?
Room 3
Level: Third
Type: 2 Bedrooms / 1 Baths?
Room Information
Rooms: 11
Basement Information
Basement: Full, Unfinished
Exterior Details
Property Information
Square Footage : 2121
Architectual Style: Store+Dwell
Property Type: Residential Income
Property Sub Type: Multi Family
Property Condition: Excellent
Year Built: 1920
Year Built Source: Owner
Building Information
Levels: Three Or More
Building Area Units: Square Feet
Construction Methods: Brick
Lot Information
Lot Features: Near Public Transit
Lot Size Acres: 0.02
Lot Size Square Feet: 800
Lot Size Dimensions: 33.34x24
Land Information
Water Source: Public
Water Source: Indirect Tank
Financial Details
Tax Annual Amount: $6,914
Utilities Details
Cooling: Yes
Cooling: Wall Unit(s)
Heating: Oil, Baseboard, Hot Water
Sewer : Public Sewer
Location Details
Directions: Google Maps
County or Parish: Queens
Other Details
Selling Agency Compensation: 2
On Market Date: 2023-11-28
42-10 34th Avenue
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Multifamily
4
Beds
3
Baths
-
$1,700,000
Jul 13, 2022
$1,700,000
Sep 6, 2022
$925/mo
Sold
Multifamily
4
Beds
3
Baths
-
$1,585,000
Aug 26, 2021
$1,585,000
Dec 10, 2021
$848/mo
Sold
Multifamily
4
Beds
4
Baths
-
$1,550,000
Sep 28, 2022
$1,550,000
Jan 18, 2023
$658/mo
Sold
Multifamily
4
Beds
2
Baths
-
$1,250,000
Jun 29, 2021
$1,250,000
Jul 19, 2022
$745/mo
Sold
Multifamily
4
Beds
3
Baths
-
$1,380,000
Dec 12, 2021
$1,380,000
Jul 12, 2022
$664/mo
Sold
Multifamily
4
Beds
2
Baths
-
$1,650,000
May 28, 2019
$1,650,000
Nov 15, 2019
$812/mo
Active
Multifamily
4
Beds
3
Baths
1,848 ft²
$812/ft²
$1,500,000
Feb 19, 2024
-
$875/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|
Building Info
42-10 34th Avenue
42-10 34th Avenue, Long Island City, NY 11101
- 3 Units
- 1 Unit for Sale
About Northwestern Queens
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Nearby Rentals
Last Updated: 4 months ago
Data Source: OneKey MLS
Data Source: OneKey MLS
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
