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5-16 47th Rd 8 Unit Apartment Building $2,200,000 ($275,000/Unit) 7.03% Cap Rate Long Island City, NY 11101
Executive Summary
For more information about 5-16 47th Road, including property financials, please view the property brochure.
Property Facts
| Price | $2,200,000 | Apartment Style | Mid-Rise |
| Price Per Unit | $275,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.07 AC |
| Cap Rate | 7.03% | Building Size | 6,600 SF |
| No. Units | 8 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 1931 |
| Property Subtype | Apartment | ||
| Zoning | M1-4/R6B | ||
| Price | $2,200,000 |
| Price Per Unit | $275,000 |
| Sale Type | Investment |
| Cap Rate | 7.03% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 6,600 SF |
| No. Stories | 4 |
| Year Built | 1931 |
| Zoning | M1-4/R6B |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Heating
- Kitchen
- Refrigerator
- Oven
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
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Walk Score®
Walker's Paradise (96)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (82)
Property Taxes
| Parcel Number | 00030-0031 | Improvements Assessment | $153,431 |
| Land Assessment | $1,497 | Total Assessment | $154,928 |
Property Taxes
Parcel Number
00030-0031
Land Assessment
$1,497
Improvements Assessment
$153,431
Total Assessment
$154,928
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5-16 47th Rd
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