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$1,499,000
11-21 47th Road, Long Island City, NY, 11101
Attention all investors, developers and end-users. In the heart of Long Island City, right off Jackson Avenue, this 6-family building is for sale!!! Each unit has 2 bedrooms, 1 bath, a kitchen and living room. Full unfinished basement with 2 outdoor exits. Income: Unit 1R: $1,424.69/month, lease exp: 4/22/26; 2R: $1,765.00/month, lease exp. 1/31/26; 3R: $1,993.32/month, lease exp. 11/30/25; 1L: in LEGAL; 2L: $1,754.84, lease exp. 2/28/26; 3L: $785.28/month, lease exp. 4/30/26. Annual expenses: Water/Sewer: $4,902. Oil: $4,213. Fire Insurance: $23. Exterminator: $321. Supplies: $4,213. Insurance: $9,832. Taxes: $13,766.84. Five of the 6 units are rent stabilized, Unit 1L is rent controlled.
Offered By
Andrea Sorrentino E-PRO SRES, Douglas Elliman Real Estate
Property Details
Property Type
Commercial
Status
Active
Property Sub Type
Multi Family
MLS #
949156
Flooring
Laminate, Tile
Appliances
Refrigerator
Heating
Oil
Cooling
Multi Units, Wall/Window Unit(s)
Utility Features
Cable Available, Electricity Available, Phone Available, Sewer Connected, Trash Collection Public, Water Connected
SEWER
Public Sewer
WATER SOURCE
Public
Year Built
1931
Basement
Unfinished, Walk-Out Access
FOUNDATION
Other
Parking Features
On Street
Lot Features
Back Yard, Garden, Near Public Transit, Near School, Near Shops, Paved, Views
View
Neighborhood, Open
CITY
Long Island City
SUBDIVISION
Hunter's Point
COUNTY
Queens
STATE
NY
TAX AMOUNT
13764.0
LATEST UPDATE
2026-01-08T07:13:43.854Z
DAYS ON MARKET
1
PRICE CHANGE(S)
$1,499,000 Jan 8, 2026
CUMULATIVE DAYS ON MARKET
191
Property Details
Property Type
Commercial
Status
Active
Property Sub Type
Multi Family
MLS #
949156
New Properties On Market
12
61%
Decrease In New Listings
Average Asking Price
$5,914,783
$4,754,500 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$7,528
$6078 Increase In List Price/Sq. Ft.
Average Days On Market
6
19 Day
Decrease In Days On Market
Data as of Jun 04, 2026.
Remaining statistics above are calculated on activity within the period from Apr 01, 2026 to May 31, 2026.
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