Package Deal: Three 4-Family Properties | Long Island City, NY
34-46, 34-48, and 34-50 10th Street present a rare opportunity to acquire a package of three adjacent four-family buildings in the heart of Long Island City, one of New York City’s most sought-after and rapidly evolving neighborhoods.
Each property contains four residential units with an identical and efficient layout consisting of one studio apartment, two one-bedroom apartments, and one three-bedroom apartment. Across the three buildings, the portfolio totals twelve residential units and includes nine on-site parking spaces, providing additional value and income potential.
The properties generate a combined gross annual income of $322,920 and offer investors stable cash flow with long-term upside in a prime LIC location. With strong rental demand, close proximity to transportation, major employment centers, and neighborhood amenities, this portfolio is well positioned for both current income and future appreciation.
The properties are being offered as a package sale only. Additional financial information and details are available upon request.
Features
18 bedrooms
15 bathrooms
directions_car9 carspaces
directions_car6 garage spaces
8520 sq. ft. floor area
crop_free2002 sq. ft. lot size
cottageDuplex
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Local market activity for 18 bedroom duplexes in New York
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