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38-14 27th St., Queens, NY 11101

$1,525,000
Active Listing
Listing Details:
$1,525,000 Price
Multi-Family Townhouse Property Type
Long Island City Neighborhood
5 Beds
3 Baths
1,870 Approx. Sq. Ft.
$433 RET
Key Features:
Prewar
Allows Pets
Storage
Unit Garden
Unit Laundry
Description:

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
M1-2/R5B Zoning

Listing courtesy of Compass

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