10-54 47th Avenue – Mixed-Use Corner Building in the Heart of LIC. Please inquire for Offering Memorandum A rare investment opportunity in one of Long Island City’s most sought-after neighborhoods, 10-54 47th Avenue is a fully leased, mixed-use corner property offering stable cash flow and long-term upside. The building includes… Read More two commercial units (one at grade and one in the basement) and three floor-through residential units above — all spacious two-bedroom layouts. With a desirable mix of commercial and residential income streams, this property is well-positioned for both steady returns and appreciation in a rapidly developing area. Located just off Vernon Boulevard and steps from Gantry Plaza, the 7 train, and the East River Ferry, the building benefits from strong foot traffic, residential demand, and continued local investment. Mixed-use: 2 commercial units + 3 residential Three spacious, full-floor 2BR apartments above High-visibility corner lot with excellent natural light Prime LIC location near transit, waterfront, and amenities Zoned R6B – stable, income-producing asset with future upside This is an ideal opportunity for investors seeking a quality asset in a high-growth neighborhood. All showings by appointment only. Please do not disturb tenants. Read Less
Listing Courtesy of: Phillip Wang, CHARNEY REAL ESTATE LLC
Listing Snapshot
Days Online
96
Last Updated
Property Type
MixedUse
Beds
6
Full Baths
3
Partial Baths
2
Square Ft.
1,000
Lot Size
0.02 Acres
Year Built
2009
MLS Number
RLS20022595
30 Days Snapshot Of 11101
$1.33M
-4%
(avg) sold price
4
-42%
homes sold
339
+398%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Living Area Units: SquareFeet, Rooms Total: 15, Structure Type: MultiFamily
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