3865 9th St | Long Island City, NY 11101
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3865 9th St
Long Island City, NY 11101
10 Apartments plus 2 Stores · Multifamily Property For Sale · 12 Units
Executive Summary
The Subject Properties includes the sale of 901 40 Ave and 38-65 9 St in Prime Location in Long Island City. The buildings are located next to each other on the Corner of 9th Street and 40 Ave. The Building with 901 40 Ave includes one Store and Seven (3) bedroom apartments, all rented . The building is rent stabilized with additional 6,620 Buldable Sqft of air rights which gives it a huge upside potential to turn it to free market rent.
The second building on 3865 9 St includes one office and Three (2) bedroom apartments,all rented and the building is not rent stabilized
Prime location on 40 Ave, corner of 9rh St. Close to Subway express F train and many stores and gas stations and highways.
The second building on 3865 9 St includes one office and Three (2) bedroom apartments,all rented and the building is not rent stabilized
Prime location on 40 Ave, corner of 9rh St. Close to Subway express F train and many stores and gas stations and highways.
PROPERTY FACTS
| Price Per Unit | $416,667 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.01 AC |
| No. Units | 12 | Building Size | 9,185 SF |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 1916 |
| Apartment Style | Mid Rise | Opportunity Zone |
Yes
|
| Price Per Unit | $416,667 |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | C |
| Lot Size | 0.01 AC |
| Building Size | 9,185 SF |
| No. Stories | 4 |
| Year Built | 1916 |
| Opportunity Zone |
Yes |
Unit Amenities
- Air Conditioning
Site Amenities
- 24 Hour Access
PROPERTY TAXES
| Parcel Number | 00475-0108 | Improvements Assessment | $52,595 |
| Land Assessment | $27,151 | Total Assessment | $79,746 |
PROPERTY TAXES
Parcel Number
00475-0108
Land Assessment
$27,151
Improvements Assessment
$52,595
Total Assessment
$79,746
zoning
| Zoning Code | MU (mixed-use property) |
| MU (mixed-use property) |
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