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Property Description

Prime Mixed-Use Investment Opportunity in Long Island City / Sunnyside Border!

Introducing 36-15 and 36-17 Greenpoint Avenue, a well-maintained mixed-use property featuring three renovated residential apartments and one ground-floor commercial space. Building area consists of TWO BUILDINGS totaling 3,200 sq ft within one tax lot. Gut renovated in year 2013. The property is 100% occupied, generating strong and consistent rental income with room for future upside.

Two residential units offer bright two-bedroom one bath and one unit with three-bedroom two bath, each layouts with updated kitchens, hardwood flooring, and individual heating controls. The ground-floor commercial unit is leased to a stable local business with multi-year term remaining, providing reliable cash flow.

Located minutes from the 7 train at 40th Street and major bus routes, this property sits in a high-demand corridor surrounded by shops, schools, and new developments. Excellent visibility along Greenpoint Avenue makes it ideal for both investors and owner-users.

Highlights:
– Four total income-producing units (3 residential + 1 commercial)
– Gross annual rent approx. $150,385 with stable tenancy
– Separate utilities / low operating expenses
– Proximity to Queens Blvd, BQE, and Queens Midtown Tunnel
– Potential to increase rents with light value-add improvements

This is a turn-key asset with immediate income and long-term appreciation potential in one of western Queens’ most desirable investment pockets.

Features
Heating System:
Baseboard
Cooling System:
No
Basement:
Finished, Storage Space
Interior Features:
Entrance Foyer, High Ceilings, High Speed Internet, First Floor Bedroom, First Floor Full Bath
Parking Features:
No
Sewer:
Public Sewer
Utilities:
Cable Available, Natural Gas Available, Phone Available, Water Available, Electricity Available
Address Map
City:
NY
State:
NY
County:
Queens
Property and Construction
Development Status:
Frame, Vinyl Siding
Agent MlsId:
180208
Office MlsId:
WIN03
Number Of Units:
4
Special Listing Conditions:
No
Tax Annual Amount:
$40,928
Water Source:
Public
PhotosCount:
8

Residential Income For Sale

3617 Greenpoint Avenue, New York, NY

7 Bedrooms
6 Bathrooms
$1,890,000
Listing ID #930973
Basic Details
Property Type :
Residential Income
Property SubType :
Quadruplex
Listing ID :
930973
Price :
$1,890,000
Bedrooms :
7
Bathrooms :
6
Bathrooms Total :
6
Building Area :
3,200 Sqft
Year Built :
1931
Status :
Active
Status :
Active
Listing Office :
Winzone Realty Inc
Listing Agent :
Yuemei Yee
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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