Welcome to 38-14 27th Street, a unique and rarely found Two-Family property available for sale. Centrally located in Long Island City bordering Astoria. The building has potential unused FAR of 1,664 Sf - great investment opportunity! Now competitively priced at $1,599,000.
This multi-family comprises of two floor-through residential homes, a spacious backyard and finished basement. The ground floor features two bedrooms, one full bathroom, eat-in kitchen, and spacious living room. The second floor comprises of two bedrooms, a windowed home office, nicely laid-out living room, one full bathroom, and in-unit washer/dryer. This home also includes a cellar (basement) that can be used for additional storage space with a full bathroom. Each home features double exposures (east and west) that bring an abundance of natural light throughout the day. It is uncommonly found to have a property that can serve as a primary home and/or an income producing investment, concurrently.
38-14 27th Street is just a few blocks away from the N W E M R 7 trains at 39th Avenue, Queens Plaza/Queensboro Plaza Stations easily accessible to Manhattan and Brooklyn. It's also close-by to the highways and airports. The building is by a number of trendy restaurants, bars, shops, hotels and cafes in Astoria and Long Island City. Access by appointment only. *One Virtual Staged Photo
Lot Size: 20 ft X 88.5 ft
Building Size: 20' X 40'
Current Annual Taxes: $5,196