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$2,195,000
25 Days On Site

11-27 31st Drive
Long Island City, NY 11106

For Sale|Quadruplex|Pending
10
Beds
4
Full Baths
0
Partial Baths

SqFt

/SqFt
1916
Built
County:
Queens
Listing courtesy of Realty Executives Today [email protected]

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

11-27 31st Drive11-27 31st Drive11-27 31st Drive11-27 31st Drive
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This detached 4-family property is an excellent opportunity for both development and income investment. It boasts a strategic location with zoning designated as R7A and a generous FAR (Floor Area Ratio) of 4. This means there's significant potential for construction with a total buildable area of 10,560 square feet. The property is versatile, offering options for development or for living in one unit while generating rental income from the others. The property's location is a strong selling point, as it is conveniently situated close to various amenities, including bus routes, the NYC Ferry, Socrates Sculpture Park, Costco, and more, making it appealing for both residents and potential renters. In summary, this detached 4-family property offers a blend of development potential and steady rental income, making it a versatile and attractive investment opportunity in a desirable location.

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Listing Snapshot
Price 
$2,195,000
Days On Site 
25 Days
Bedrooms 
10
Inside Area (SqFt) 
N/A
Total Baths 
4
Full Baths 
4
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1916
MLS® Number 
L3515406
Status 
Pending
Property Tax 
$7,500
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 weeks agoListing first seen on site
a month agoListing updated with changes from the MLS®
General Features
Cross Street 
31st Ave
Parking 
No GarageNone
Property Sub Type 
Quadruplex
Sewer 
Public Sewer
Style 
Colonial
Water Source 
Public
Interior Features
Basement 
FinishedFull
Heating 
Natural GasBaseboard
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Exterior Features
Construction Details 
Brick
Lot Features 
Near Public Transit
Community Features
Association Amenities 
Park
School District 
Queens 30
Schools
School District
Queens 30
Elementary School
Unknown
Middle School
Is 141 Steinway (The)
High School
Long Island City High School
Listing courtesy of Realty Executives Today [email protected]


Based on information submitted to the MLS GRID as of 2024-10-29 08:00 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Neighborhood & Commute
Source: Walkscore
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