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

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

MULTI_FAMILY - Long Island City, NY

Property SizeContact for details
Lot Size0.06 Acres
Days on Market217

Property Features for 11-21 47th Road

General Information

Property type Residential Multi Family
Property subtype Other
Rooms Basement
Parking features On Street
Basement Walk-Out Access, Unfinished
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 Laminate, Tile
Building materials Frame
Listing Agency: Douglas Elliman Real Estate
Listed By: Andrea Sorrentino E-PRO SRES · License #10301221548
Added: Jan 7 Changed: Aug 1 Last Checked: Aug 12 at 6:06PM
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-unit apartment building features a simple, tenant-ready layout with each unit offering two bedrooms, one bath, a kitchen, and a living room. The property includes an unfinished basement with two outdoor exits, and it is built with frame construction. Interior finishes include laminate and tile flooring, and the home provides one appliance listing: a refrigerator.

Heating is provided by oil, and cooling is available through wall/window unit(s) and window unit(s). Water is public and sewer is public sewer. Cable is available, and parking is listed as on-street. The building was constructed in 1931.

From an operating standpoint, five of the six units are rent stabilized, and Unit 1L is rent controlled. Several units show lease expiration dates on the rent roll, including 11/30/25, 1/31/26, 2/28/26, 4/22/26, and 4/30/26.

Key Highlights

  • Six units, each with two bedrooms, one bath, kitchen, and living room
  • Unfinished basement plus two outdoor exits
  • Five rent‑stabilized units and one rent‑controlled unit

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

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-unit apartment building with oil heat, wall/window AC, and an unfinished basement with two outdoor exits.
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 units, each with two bedrooms, one bath, kitchen, and living room; Unfinished basement plus two outdoor exits; Five rent‑stabilized units and one rent‑controlled unit
More about this property
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