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5-16 47th Rd 8 Unit Apartment Building $3,030,500 CAD ($378,813 CAD/Unit) 7.03% Cap Rate Long Island City, NY 11101



Executive Summary
For more information about 5-16 47th Road, including property financials, please view the property brochure.
Property Facts
| Price | $3,030,500 CAD | Apartment Style | Mid-Rise |
| Price Per Unit | $378,813 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.07 AC |
| Cap Rate | 7.03% | Building Size | 6,600 SF |
| No. Units | 8 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 1931 |
| Property Subtype | Apartment | ||
| Zoning | M1-4/R6B | ||
| Price | $3,030,500 CAD |
| Price Per Unit | $378,813 CAD |
| Sale Type | Investment |
| Cap Rate | 7.03% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 6,600 SF |
| No. Stories | 4 |
| Year Built | 1931 |
| Zoning | M1-4/R6B |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Heating
- Kitchen
- Refrigerator
- Oven
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
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Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 00030-0031 | Improvements Assessment | $213,530 CAD |
| Land Assessment | $2,083 CAD | Total Assessment | $215,613 CAD |
Property Taxes
Parcel Number
00030-0031
Land Assessment
$2,083 CAD
Improvements Assessment
$213,530 CAD
Total Assessment
$215,613 CAD
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5-16 47th Rd
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