Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    11-21 47Th Rd Long Island City, NY 11101

    Sponsored
    For Sale
    $999,888

    Multi Family - Long Island City, NY

    Type:Single Family Attached
    Property size:
    4,125 SF
    Lot size:
    0.06 Acres
    Days on Market:
    188
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 11-21 47Th Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Single Family Attached
    Standard status
    Active
    Rooms
    Basement
    APN
    00057-0013
    Exterior features
    Garden, Paved, Views
    Basement Y/N
    1
    Appliances
    Refrigerator
    Size
    4,125 SF
    Lot size
    0.06 Acres

    Utilities

    Heating system
    Oil
    Cooling system
    Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1931
    Number of units
    6
    Flooring type
    Laminate, Tile
    Building materials
    Frame
    Architectural style
    Other

    Douglas Elliman Real Estate [email protected]

    Listing agent Andrea Sorrentino E-PRO SRES (516) 621-3555 License #10301221548

    Listing date Jul 2, 2025

    MLS# 812312 Listing URL

    Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Long Island City Multifamily Building

    Located in the heart of Long Island City, this six-family building presents an opportunity for investors, developers, and end-users. Each unit features 2 bedrooms, 1 bath, a kitchen, and a living room. The building includes a full unfinished basement with 2 outdoor exits. The property has a lot size of 0.057 acres and a living area of 4125 square feet. The annual expenses include: Water/Sewer: $4,902, Oil: $4,213, Fire Insurance: $23, Exterminator: $321, Supplies: $4,213, Insurance: $9,832, and Taxes: $13,766.84. The current income is: Unit 1R: $1,424.69/month, lease expires 4/22/26; 2R: $1,765.00/month, lease expires 1/31/26; 3R: $1,993.32/month, lease expires 11/30/25; 2L: $1,754.84, lease expires 2/28/26; 3L: $785.28/month, lease expires 4/30/26. Five of the six units are rent stabilized, and Unit 1L is rent controlled.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Long Island City
    County
    Queens
    State
    New York
    Longitude
    -73.949702
    Latitude
    40.744142

    Nearby Similar for Sale

    • $1,999,999
      0.06 Acres

      Astoria Turn-Key Income Property

      Detached home ideal for investment or rental income.
      31-20 41St St, Astoria, NY 11103
      View Details
    • $1,330,000
      Pending

      Charming Astoria Two-Family Brick Home

      Legal two-family home in Astoria's Ditmars neighborhood.
      21-14 45Th St, Astoria, NY 11105
      View Details
    • $1,600,000
      1,728 SF

      Astoria Multi-Family Brick Home

      Well-maintained, three-story home in Ditmars-Steinway neighborhood.
      20-45 31St St, Astoria, NY 11105
      View Details
    • $1,375,000
      0.05 Acres

      Sunnyside Two-Family Brick House

      Two-family brick house in the heart of Sunnyside, NY.
      3921 48Th St, Sunnyside, NY 11104
      View Details
    • $1,549,000
      0.09 Acres

      Astoria Three-Family Home with Yard

      Spacious three-story home with large backyard in prime Astoria location.
      25-35 Crescent St, Astoria, NY 11102
      View Details
    • $1,399,999
      Pending

      Astoria Six-Family Income Property

      Six-family building in Astoria with renovated apartments and low taxes.
      26-21 30Th St, Astoria, NY 11102
      View Details
    • New
      $1,339,000
      Pending

      Renovated Two-Family Home in Astoria

      Vacant, renovated two-family brick home near Astoria Park.
      26-19 14Th Pl, Astoria, NY 11102
      View Details
    • $2,300,000

      Astoria Four-Family Investment Property

      Legal four-family property in Astoria with spacious apartments and great potential.
      34-21 9Th St, Astoria, NY 11106
      View Details
    • $1,900,000
      1,610 SF

      Long Island City Duplex Opportunity

      Well-maintained duplex with redevelopment potential in a growing neighborhood.
      40-37 24Th St, Long Island City, NY 11101
      View Details
    • $2,600,000
      5,260 SF

      Astoria Multi-Unit Investment Opportunity

      Six-unit building with retail and residential in prime location.
      22-03 Steinway St, Astoria, NY 11105
      View Details
    • $1,599,000
      Pending

      Astoria Triplex with Parking

      Spacious triplex in prime Astoria with parking and potential.
      4612 25Th Ave, Astoria, NY 11103
      View Details
    • $999,000

      Sunnyside Multi-Family Investment Opportunity

      Six-unit building near the 7 train in vibrant Sunnyside.
      4538 40Th St, Sunnyside, NY 11104
      View Details

    FAQs

    What type of property is this?
    Apartment building - Six-family building in Long Island City for sale.
    Where is this apartment building located?
    The property is located at 11-21 47Th Rd Long Island City, NY.
    What is the asking price?
    The asking price for this property is $999,888.
    What are key features of this property?
    This property features: - Prime location in the heart of Long Island City, right off Jackson Avenue.; - Significant investment opportunity: six-family building.; - Existing rental income from 5 out of 6 units, providing immediate cash flow.
    (516) 639-2596
    Request Owner's contact information
    11-21 47Th Rd Long Island City, NY 11101
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    11-21 47Th Rd
    Long Island City, NY 11101
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11-21 47Th Rd Long Island City, NY 11101
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.