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10th St Portfolio 3 Multifamily Properties Offered at $3,950,000 in Long Island City, NY
Executive Summary
Package Deal: Three 4 Family Properties
34-46, 34-48, and 34-50 10th Street present a rare opportunity to acquire a package of three adjacent four family buildings in the heart of Long Island City, one of New York City’s most sought-after and rapidly evolving neighborhoods.
Each property contains four residential units with an identical and efficient layout consisting of one studio apartment, two one-bedroom apartments, and one three-bedroom apartment. Across the three buildings, the portfolio totals twelve residential units and includes nine on-site parking spaces, providing additional value and income potential.
The properties generate a combined gross annual income of $322,920 and offer investors stable cash flow with long-term upside in a prime LIC location. With strong rental demand, close proximity to transportation, major employment centers, and neighborhood amenities, this portfolio is well positioned for both current income and future appreciation.
The properties are being offered as a package sale only. Additional financial information and details are available upon request.
34-46, 34-48, and 34-50 10th Street present a rare opportunity to acquire a package of three adjacent four family buildings in the heart of Long Island City, one of New York City’s most sought-after and rapidly evolving neighborhoods.
Each property contains four residential units with an identical and efficient layout consisting of one studio apartment, two one-bedroom apartments, and one three-bedroom apartment. Across the three buildings, the portfolio totals twelve residential units and includes nine on-site parking spaces, providing additional value and income potential.
The properties generate a combined gross annual income of $322,920 and offer investors stable cash flow with long-term upside in a prime LIC location. With strong rental demand, close proximity to transportation, major employment centers, and neighborhood amenities, this portfolio is well positioned for both current income and future appreciation.
The properties are being offered as a package sale only. Additional financial information and details are available upon request.
Property Facts
| Price | $3,950,000 | Number of Properties | 3 |
| Price / SF | $463.62 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 8,520 SF |
| Status | Active | Total Land Area | 0.14 AC |
| Price | $3,950,000 |
| Price / SF | $463.62 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 8,520 SF |
| Total Land Area | 0.14 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 34-46 10th St, Long Island City, NY 11106 | Multifamily | 2,840 SF | 2001 | - |
| 34-48 10th St, Long Island City, NY 11106 | Multifamily | 2,840 SF | 2001 | - |
| 34-50 10th St, Long Island City, NY 11106 | Multifamily | 2,840 SF | 2001 | - |
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