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.
| MLS # | 959994 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 2001 |
| Days On Site | 258 |
| Listing Provided By | Amorelli Realty LLC | Nicholas Halvatzis |
| Bed(s) | 18 |
|---|---|
| Bath(s) | 15 Total |
| SQ Feet | 8,520 |
| Garage | 6 |
| Units | 4 |
| Acreage | 0.05 |
| Cooling | ENERGY STAR Qualified Equipment |
|---|---|
| Heating | ENERGY STAR Qualified Equipment |
| Interior Features | First Floor Bedroom |
| Construction Materials | Brick |
|---|
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Driveway |
| Utilities | None |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2024 |
|---|---|
| Tax Assessed Value | 327150 |
| Tax Annual Amount | 2531.68 |
| Tax Lot | 0047 |
| State | NY |
|---|---|
| County | Queens |
| City | Astoria |
| Zip Code | 11106 |
| Listing VS Median (in 11106) | |
Price: $3,950,000 low | high Med: $949,999 sqft: 8,520 low | high Med: 920 $ / sqft: $464 low | high Med: $1,033 On site: 258 low | high Med: 41 | |
| State | NY |
|---|---|
| County | Queens |
| City | Astoria |
| Zip Code | 11106 |
| Listing VS Median (in 11106) | |
Price: $3,950,000 low | high Med: $949,999 sqft: 8,520 low | high Med: 920 $ / sqft: $464 low | high Med: $1,033 On site: 258 low | high Med: 41 | |