NY > Long Island City
Long Island City, NY 11106,11-27 31st DR
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Long Island City, NY 11106,11-27 31st DR
Long Island City, NY 11106,11-27 31st DR
Long Island City, NY 11106,11-27 31st DR
Long Island City, NY 11106,11-27 31st DR
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D. Gloria Hernandez

D. Gloria Hernandez

+1(914) 441-0980
$ 2,195,000
Est. payment /mo
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Pending

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

10 Beds

4 Baths

2,613 Sqft Lot

UPDATED:

09/19/2024 04:00 AM

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 3515406

Style Colonial

Bedrooms 10

Full Baths 4

Originating Board onekey

Rental Info No

Year Built 1916

Annual Tax Amount $7,500

Lot Size 2,613 Sqft

Acres 0.06

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

Kitchen 4

Interior

Heating Natural Gas, Baseboard

Cooling None

Fireplace No

Exterior

Garage None

Parking Type None

Garage false

Building

Lot Description Near Public Transit

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction No

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

Listed by Realty Executives Today • 718-274-2400

D. Gloria Hernandez

Agent | License ID: 10301205200

+1(914) 441-0980

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11-27 31st DR