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Off market
  • $2,529,200

    546 51st Ave, Long Island City, NY 11101

    6beds
    4,875sqft
    MultiFamily
    Built in 1931
    -- sqft lot
    $2,529,200 Zestimate®
    $519/sqft
    $6,080 Estimated rent

    Home value

    $2,529,200

    $2.07M - $3.04M

    $6,080/mo

    Zestimate® history
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    $6,080/mo

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    $6,080/mo

    Rent Zestimate®

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    $15,487/mo

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    $15,487/mo

    Est. payment

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    What's special

    PRICE IMPROVEMENT! Stunning 6-family brownstone with backyard located in thriving Hunters Point section of Long Island City. A blend of classic restoration, modern finishes, and custom creativity gives this building character like no other. Pre-war 3-floor walk-up sits on a 25ft x 100ft lot featuring approximately 4,875 sq ft plus 816 sq ft of outdoor space. Beautiful moldings, high ceilings, gorgeous wood finishes, and contemporary upgrades throughout. Endless possibilities for this building whether it is for investment/development, or just for you to live in. Six 1BR unit configuration. Separate meters for electricity for each unit, with building mechanical well maintained. Conveniently located next to the 7 train Vernon Blvd/Jackson Ave station, just one stop from Grand Central. The East River Ferry is a few blocks away. Also near major highways including the LIE, BQE, Midtown Tunnel. Plenty of great restaurants and bars along Vernon Blvd to provide many attractive options for a night out. Short walk to LICs prime waterfront, where you can enjoy NYCs most perfect skyline views. Annual rental income $178,200 Annual total expenses $28,165 Net rental income $150,035 CAP rate - 4.3% More video tours available.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 6
    • Full bathrooms: 6
    Heating
    • Radiant
    Appliances
    • Included: Dryer, Refrigerator, Washer
    Features
    • Basement: Full
    Interior area
    • Total interior livable area: 4,875 sqft

    Property

    Features
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 2,500 Square Feet

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1931

    Community & HOA

    Location
    • Region: Long Island City

    Financial & listing details

    • Price per square foot: $519/sqft

    Price history

    DateEventPrice
    7/4/2024Listing removed--
    Source: OneKey® MLS as distributed by MLS GRID #3491221 Report a problem
    1/16/2024Listed for sale$3,199,000$656/sqft
    Source: OneKey® MLS as distributed by MLS GRID #3491221 Report a problem
    10/3/2023Listing removed--
    Source: OneKey® MLS as distributed by MLS GRID #3491221 Report a problem
    7/14/2023Listed for sale$3,199,000-7.3%$656/sqft
    Source: OneKey® MLS as distributed by MLS GRID #3491221 Report a problem
    12/3/2020Listing removed$3,450,000$708/sqft
    Source: Compass Report a problem
    9/23/2020Price change$3,450,000-10.4%$708/sqft
    Source: Compass Report a problem
    6/9/2020Listed for sale$3,850,000+1.3%$790/sqft
    Source: Compass Report a problem
    12/15/2019Listing removed$3,800,000$779/sqft
    Source: Charles Rutenberg Realty Inc #3143693 Report a problem
    7/2/2019Listed for sale$3,800,000-9.5%$779/sqft
    Source: Charles Rutenberg Realty Inc #3143693 Report a problem
    7/13/2018Listing removed$4,200,000$862/sqft
    Source: Douglas Elliman #2996231 Report a problem
    4/5/2018Price change$4,200,000-6.7%$862/sqft
    Source: Douglas Elliman #3054486 Report a problem
    1/9/2018Listed for sale$4,500,000+7.1%$923/sqft
    Source: Douglas Elliman #3054486 Report a problem
    11/10/2017Listing removed$4,200,000$862/sqft
    Source: Charles Rutenberg Realty Inc #2970368 Report a problem
    9/12/2017Listed for sale$4,200,000-9.7%$862/sqft
    Source: Charles Rutenberg Realty Inc #2970368 Report a problem
    4/5/2017Listing removed$4,650,000$954/sqft
    Source: Space Marketing Shop #55417TH Report a problem
    5/18/2016Listed for sale$4,650,000$954/sqft
    Source: Space Marketing Shop #55417TH Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Long Island City

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Community District 30

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.