Historic 4 Family Brownstone

Smart and ambitious, the purchaser of this 4 family townhouse will control not only 4 apartments in an indisputably hot Long Island City residential market at below market values, but will also be in the enviable position of living in a remodeled 3 bedroom duplex for less than the monthly price of renting just a one bedroom apartment. This rare 20\' wide townhouse is situated just off of Jackson Avenue and 49th Ave, within the special LIC zoning district which allows for a 10,000\' structure. The existing 6,000 sf structure comes as of right with an additional 4,000 square feet of building rights that can be used to extend the building either horizontally or vertically. The commercial overlay also allows the new owner to rent out or convert the garden level to a restaurant or office. The 3 additional rental units each have their own private entrances and have also been upgraded recently and offer flexible 1,250\' floor plans. The building has a full cellar for use as media/play room, workshop or wine storage. There is also a spacious rear garden and roof deck with 360° panoramic city views. Call for a private showing of this one of a kind investment and home.