Steps from the subway, this 25' foot wide legal three-family home is of great value. Thirteen years young and constructed using steel framing and cinderblocks, this solid structure is here to stay. The house consists of two- 3 Br/1 bath apartments and a two bedroom/1.5 bath duplex measuring 1,500 square feet. The three-bedroom apartments have balconies, and the duplex has an enormous backyard. Each unit has its boiler and water heater. Solid cherry wood cabinetry and Stainless-steel appliances are in all of the kitchens. Hardwood and granite floors, and solid core doors can be found throughout the home. Recent updates include a new roof and freshly painted common areas. There is parking for two cars, northwestern and eastern exposures, and the tax abatement in place ends in 2025. Zagat-rated restaurants, the Astoria food market, cafes, schools, and the MOMI are all within a stone's throw away from this property. Carefree Properties in Long Island City do not present themselves often. The Monthly Rent roll is $6,314 p/m 1st floor: $2,228.31 2Br/1.5 duplex with the basement 2nd floor: $2,043 3 Br/1 bath 3rd floor: $2,043 3 Br/1 bath The units are rent-stabilized since a tax abatement is in place until 2025. Each tenant is responsible for their own heat/hot water.

Property Details of 35-20 31st Street, Unit Building

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Listed by WILLIAM KOKORIS of Compass

Based on information submitted to REBNY as of May 17, 2022 10:27 AM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 
 

 

 

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