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Six-Family Apartment Building
For Sale
$1,499,000

11-21 47th Road, Long Island City, NY 11101

Commercial Sale, Long Island City, NY

Property SizeContact for details
Lot Size0.06 Acres
Days on Market240

Property Features for 11-21 47th Road

General Information

Property type Commercial Sale
Property subtype Other
Rooms Basement
Parking features On Street
Basement Unfinished, Walk-Out Access
Appliances Refrigerator
Subdivision Hunter's Point
Lot features Back Yard, Garden, Near Public Transit, Near School, Near Shops, Paved, Views
High school Information Technology High School
Elementary school district Queens 30
Middle school district Queens 30
High school district Queens 30
Standard status Active
APN 00057-0013
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 13764

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Oil
Cooling system Wall/Window Unit(s), Window Unit(s), Multi Units
Water source Public

Building Details

Year built 1931
Floors in Building 3
Number of units 6
Flooring type Tile, Laminate
Building materials Frame
Listing Agency: Douglas Elliman Real Estate
Listed By: Andrea Sorrentino E-PRO SRES · License #10301221548
Added: Jan 7 Changed: Sep 2 Last Checked: Sep 4 at 6:06AM
MLS# 949156

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This six-family apartment building in Long Island City contains six similarly configured residences, each with two bedrooms, one bathroom, a kitchen, and a living room. The property also includes a full unfinished basement with two exterior exits. Frame construction dates to 1931, with oil heat, laminate and tile flooring, and window or wall-mounted cooling units. Public water and sewer serve the building, while parking is available on the street.

The property occupies a 0.057-acre lot at 11-21 47th Road in Queens County. Five of the six apartments are rent stabilized, and Unit 1L is rent controlled. Cable service is available, and each unit includes a refrigerator.

Key Highlights

  • Six‑family building with six two‑bedroom, one‑bath apartments
  • Five of 6 units are rent stabilized; Unit 1L is rent controlled
  • Full unfinished basement with 2 outdoor exits

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Nursing Home Pet Grooming Service (Bike/Boat/Book/etc) Store Adult Day Care Mobile Phone Store Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

4,865
Businesses Nearby

Demographics for 11101, NY

48,867
Population
27,093
Households
1.8
Avg Household Size
33
Median Age
65%
College-Educated
90%
High-School Grad
2.6 sq mi
ZIP Area
18,795
Density / Sq Mi
$116,807
Median Household Income
$83,892
Median Earnings
$2,740
Median Rent
$995,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Six residential units offer consistent two-bedroom layouts with kitchens, living rooms, and one bathroom per apartment.
Where is this apartment building located?
The property is located at 11-21 47th Road Long Island City, NY.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: Six‑family building with six two‑bedroom, one‑bath apartments; Five of 6 units are rent stabilized; Unit 1L is rent controlled; Full unfinished basement with 2 outdoor exits
More about this property
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