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47-08 11th Street
Townhouse in Hunters Point •  building info
5bd • 3ba • 4,000ft² $649 per ft²
List Price

$2,595,000

Key Details
Days on market
85
Last price change
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Estimated payment
$15,121/mo
Taxes
$741/mo
Maintenance
N/A
Description
PLEASE NOTE: Sunday, 4/13 Open House: BY APPOINTMENT ONLY, 12: 30 to 1:30! The rare chance to own a legal 3-unit townhouse on 11th Street in Long Island City is now available! Not ready to leave NYC but want a backyard to call your own? Look no further. Bring your architect and build your dream house! This legal 3-unit townhouse offers endless possibilities from one of the most appealing and convenient locations in Long Island City. Just minutes to several subway lines (including the 7, E, M, and G trains), the gorgeous LIC waterfront, as well as a variety of restaurants, shops, schools, and grocery stores (including Trader Joe's just minutes away), you will not find a better location. With one unit per each of the three floors, as well as a full basement, this building provides an incredible 4,000 sq.ft. of space. With the coveted 20 ft. x 100 ft. lot dimensions, and 20 ft. x 50 ft. building dimensions, this property offers enormous interior space, as well as an approximately 20 ft.x50ft. outdoor space in the back. Imagine gardening, grilling, and creating a peaceful oasis from the bustling city in your very own backyard. Whether you choose to combine all or some of the units into a massive home, or keep some of the units as rental properties to offset your monthly costs, this building allows you to create exactly what you want. All three units have undergone recent renovations and have been upkept, which can provide solid rental income or the base of further renovations. Built in 1891, buildings like this are a rare gem to own in NYC. Don't miss this opportunity to create the home you've always wanted on your own piece of land in the heart of LIC! Schedule a showing today. Details: Lot: 20 ft. x 100 ft.; Building: Approx. 20 ft. x 50 ft. Zoning: M1-4/R7A, LIC; Facility FAR 4, Commercial FAR 2, and Residential FAR 4. Unused FAR: 5,000 sq.ft. Annual real estate taxes: $8,894.44.

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Important Stuff
Washer/Dryer in unit
Building amenities
Services and facilities
Fios Available
Building info

History
What it'll cost
Purchase price
$2,595,000
Asking Price: $2,595,000
Term
30 Years
Down Payment
$259,000 (10%)
Min: 10% (259,000)
Rate
6.25 %
Mortgage Amount
$2,335,500
Mortgage Payment
$14,380
Taxes
$741
Estimated closing cost
$95,000
Total monthly cost $15,121
Listing Courtesy of Brown Harris Stevens Queens

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