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This building is Free Market. One of the Best locations, One of best buildings, One of best deals in LIC so far. must see. BY APPOINTMENT:  text meimei wei at seven one eight / six eight three / two night seven eight. 

Rare opportunity - high cash flowing income property in the heart of Long Island City.

Lot: 25’ by 100’. 
Every unit has own meter for gas and electric. 
New boiler. 

Basement: about 9 feet ceiling 

1st Floor: Commercial use -about 14feet ceiling, Market Rent $12,000/m

2nd Floor: about 10 feet ceiling, 2 units 2 bedroom each. Spacious and able to have King/Queen beds. Market Rent: 2A about $4,500 2B about $4,500/m.  Large bedrooms with Queen/King beds + large living room + open Kitchen 

3rd Floor: about 10 feet ceiling, 2 units 2 bedroom each. Spacious and able to have King/Queen beds.  Market Rent: 3A about $4,500/m. 3B about $4,500/m. large bedrooms with Queen/King beds + large living room + open Kitchen

Owner expenses:
-Property tax about $27,800/year
-Insurance about $4000/year
-Water bill about $650 every 3 months

Check the next building and learn the market rental price in this neighborhood:/mozart-39_04-29-street-long_island_city

Long Island City

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3902 29th St, Long Island City, NY 11101

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