Long Island City, NY 11101,3617 Greenpoint AVE
Long Island City, NY 11101,3617 Greenpoint AVE
Long Island City, NY 11101,3617 Greenpoint AVE
Long Island City, NY 11101,3617 Greenpoint AVE
Long Island City, NY 11101,3617 Greenpoint AVE
Long Island City, NY 11101,3617 Greenpoint AVE
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$ 1,790,000
Est. payment | /mo

7 Beds

6 Baths


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$ 1,790,000
Est. payment | /mo
Save

7 Beds

6 Baths

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 930973

Bedrooms 7

Full Baths 6

Rental Info No

Year Built 1931

Annual Tax Amount $40,928

Property Sub-Type Quadruplex

Source onekey2

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.

Location

State NY

County Queens

Rooms

Basement Finished, Storage Space

Interior

Interior Features First Floor Bedroom, First Floor Full Bath, Entrance Foyer, High Ceilings, High Speed Internet

Heating Baseboard

Cooling None

Fireplace No

Exterior

Parking Features None

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available

Garage false

Building

Sewer Public Sewer

Water Public

Structure Type Frame,Vinyl Siding

Others

Senior Community No

Special Listing Condition None

Listed by Winzone Realty Inc • Yuemei Yee

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Luciane Serifovic

Luciane Serifovic

CEO & FOUNDER | License ID: 10491208575

+1(917) 567-8767

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3617 Greenpoint AVE