NY
Queens
Long Island City
11101
3617 Greenpoint Avenue
3617 Greenpoint Avenue, Long Island City, NY 11101
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Listing Type
Multi Family
Listing Status
Active
8
$1,790,000

Home Details for 3617 Greenpoint Avenue

Price
$1,790,000
Type
Residential Income
Bedrooms
7
Bathrooms
6.0
Square feet
NaN
Year built
1931
County
Queens
Garage
Basement
Finished, Storage Space
Days on site
1
MLS Listing#
930973
Property Description

Huge Price Reduction. Prime Mixed-Use Investment Opportunity in Long Island City / Sunnyside Border! Introducing 36-15 and 36-17 Greenpoint Avenue, a well-maintained mixed-use property featuring three renovated residential apartments and one ground-floor commercial space. Building area consists of TWO BUILDINGS totaling 3,200 sq ft within one tax lot. Gut renovated in year 2013. Each unit has their own meters and individual heating system. The property is 100% occupied, generating strong and consistent rental income with room for future upside. Building 1: Two residential units each offer bright two-bedroom one bath. Building 2: Mixed-use with one residential offer three-bedroom and two-bath, and one commercial unit. Located minutes from the 7 train at 40th Street and major bus routes, this property sits in a high-demand corridor surrounded by shops, schools, and new developments. Excellent visibility along Greenpoint Avenue makes it ideal for both investors and owner-users. Highlights: - Four total income-producing units (3 residential + 1 commercial) - Gross annual rent approx. $150,385 with stable tenancy - Separate utilities / low operating expenses - Proximity to Queens Blvd, BQE, and Queens Midtown Tunnel - Potential to increase rents with light value-add improvements This is a turn-key asset with immediate income and long-term appreciation potential in one of western Queens’ most desirable investment pockets.

Property Features
  • Utilities
    • Natural Gas Available
    • Cable Available
    • Electricity Available
    • Phone Available
    • Water Available
  • House Interior
    • Entrance Foyer
    • High Ceilings
    • High Speed Internet
  • Parking
    • No Garage
    • None
  • Basement
    • Finished
    • Storage Space
  • Cooling Information
    • None
  • Heating Information
    • Baseboard
  • Water Features
    • Public
Listing Courtesy: Winzone Realty Inc - 718-676-6611
Presented by: Yuemei Yee
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from OneKey MLS.
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53 Hill St., Southampton, NY 11968
Rich Norrby
License #: 10401340155
Sales Representative
Office
631 343 8700
Agent
631 871 8762
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