5-46 51st Avenue
5-46 51st Avenue
$3,400,000
6
6
5,915
5,915
$575
Temporarily Off Market
Description
Just listed! *Trophy* red brick / double barrel front multi-family located at the absolutely unique and exciting Vernon / Jackson intersection in the heart of Hunters Point, Long Island City. This truly one of a kind, pre-war, 3-story walk-up sits on a 25ft x 100ft lot, boasting a unique and exciting expression of classical detail in a truly one-of-a-kind offering.
Features include beautiful moldings with high ceilings and gorgeous wood finishes, and contemporary upgrades, including separate meters....Just listed! *Trophy* red brick / double barrel front multi-family located at the absolutely unique and exciting Vernon / Jackson intersection in the heart of Hunters Point, Long Island City. This truly one of a kind, pre-war, 3-story walk-up sits on a 25ft x 100ft lot, boasting a unique and exciting expression of classical detail in a truly one-of-a-kind offering.
Features include beautiful moldings with high ceilings and gorgeous wood finishes, and contemporary upgrades, including separate meters. With approximately 4,875 sq ft of living space plus 816 sq ft of outdoor space, this property offers endless possibilities ranging from investment / development to primary home.
Located just steps away from the 7 train at Vernon / Jackson and the East River Ferry, a variety of mass transit commuter options ensures a well performing investment well situated for access to NYC's next iteration as the cornerstone of the global economy, not to mention a stone's throw from LIC's prime waterfront and skyline views just outside your door.
With an annual rental income of $168,00 and total annual expenses of $28,592, the net rental income is $139,408, resulting in a CAP rate of 4.1%. Don't miss out on the opportunity to own this remarkable and one of a kind property that will stand as the cornerstone of any investment portfolio.
Features include beautiful moldings with high ceilings and gorgeous wood finishes, and contemporary upgrades, including separate meters....Just listed! *Trophy* red brick / double barrel front multi-family located at the absolutely unique and exciting Vernon / Jackson intersection in the heart of Hunters Point, Long Island City. This truly one of a kind, pre-war, 3-story walk-up sits on a 25ft x 100ft lot, boasting a unique and exciting expression of classical detail in a truly one-of-a-kind offering.
Features include beautiful moldings with high ceilings and gorgeous wood finishes, and contemporary upgrades, including separate meters. With approximately 4,875 sq ft of living space plus 816 sq ft of outdoor space, this property offers endless possibilities ranging from investment / development to primary home.
Located just steps away from the 7 train at Vernon / Jackson and the East River Ferry, a variety of mass transit commuter options ensures a well performing investment well situated for access to NYC's next iteration as the cornerstone of the global economy, not to mention a stone's throw from LIC's prime waterfront and skyline views just outside your door.
With an annual rental income of $168,00 and total annual expenses of $28,592, the net rental income is $139,408, resulting in a CAP rate of 4.1%. Don't miss out on the opportunity to own this remarkable and one of a kind property that will stand as the cornerstone of any investment portfolio.
Amenities
- Floor Thru
- City Views
- Decorative Fireplace
- Crown Mouldings
- Decorative Mouldings
- Built-Ins
- Hardwood Floors
- High Ceilings
Location
LISTING UPDATED: 07/11/2023 02:13 PM
Property Details for 5-46 51st Avenue
Status | Temporarily Off Market |
---|---|
MLS ID | H6245323 |
Days on Market | 76 |
Taxes | $1,181 / month |
Maintenance | - |
Min. Down Pymt | 25% |
Total Rooms | 24.0 |
Compass Type | Townhouse |
MLS Type | Multi Family |
Year Built | 1931 |
Lot Size | 2,500 SF / 25' x 100' |
County | Queens County |
Building
Location
Virtual Tour
Building Information for 5-46 51st Avenue
Stories3Residences6Year Built1931Building Size25' x 65'Building Sq. Ft4,875 SFLot Size2,500 SF / 25' x 100'Building AgePre-warBuilding TypeTownhouse
Payment Calculator
$18,576 per month
The Payment Calculator is for illustrative purposes only.
Property History for 5-46 51st Avenue
Date | Event & Source | Price | Appreciation | Link |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 5-46 51st Avenue
Taxable ValueLand$7,200Additions$558,000Total$565,200
Tax Record2021$11,314 ($943 / month) Tax Class2ATax Rate12.267%
Home Facts
Total Finished SqFt4,875 SqFtLot Size2,500 SqFtYear Built1931ZoningM1-4R6BAPN4000340042
Schools near 5-46 51st Avenue
This home is within New York City Geographic District #30.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
P.S. 78 PublicPK to 8 | ||
Is 204 Oliver W Holmes Public6 to 8 | ||
Long Island City High School Public9 to 12 | ||
Academy for Careers In Television and Film Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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