47-05 Newtown Road

Excellent opportunity to own a 3-family Brick semi-detached Row house in the heart of Long Island City! The House features 2,880 square feet of living space, consisting of a 2-bedroom, 1-bath unit on the first floor and two 3-bedroom, 1-bath units on the second and third floors. Total rental income is $11,000/month. Additional highlights include a large 8'x19' rear balcony on 2nd Fl, two private parking spaces, a one-year-old roof with a 20-year warranty, a 24-hour CCTV camera, and a solar panel installed in April 2024 (no payment until June 2025, then $108/month for 15 years). Conveniently located within walking distance of bus stops, school and the 46th St M, R Train Station, as well as shopping malls. Brands like Best Buy, Home Depot, Old Navy, Marshalls, BJ's, Burlington, and many more are just one block away from the house. With just a 7-minute commute to Manhattan, this property is ideal for both investors and end-users! *DELIVER VACANT AT CLOSING*