For sale
  • $1,890,000

    3617 Greenpoint Avenue, Long Island City, NY 11101

    7beds
    3,200sqft
    Quadruplex, Multi Family
    Built in 1931
    -- sqft lot
    $-- Zestimate®
    $591/sqft
    $-- HOA

    What's special

    Ground-floor commercial spaceUpdated kitchensIndividual heating controlsHardwood flooringRenovated residential apartments
    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. The property is 100% occupied, generating strong and consistent rental income with room for future upside. Two residential units offer bright two-bedroom one bath and one unit with three-bedroom two bath, each layouts with updated kitchens, hardwood flooring, and individual heating controls. The ground-floor commercial unit is leased to a stable local business with multi-year term remaining, providing reliable cash flow. 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.
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    Likely to sell faster than

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