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10-47 47th AvenueQueens, NY 11101

For Sale

$1,799,000

Smart Buyer Rebate $22,488

First time on the market in three generations. Own a piece of Long Island City history on one of the neighborhood's most coveted and storied blocks, just off Vernon Boulevard. This 4,500 sq ft, 6-unit investment property has been well maintained for over 60 years and offers up-to-date inspections and compliance with all local and state requirements. Built 25' 60' on a 25' 100' lot, the property offers the ideal blend of a quiet residential setting and a prime location. Constructed in 1931, the three-story apartment building features a clean, walkable basement, a spacious landscaped backyard, and recent upgrades including a new roof and boiler. The six apartments are all legal one-bedroom, one-bath residences, currently configured as railroad-style two-bedroom layouts. The property is rent stabilized and will be delivered fully occupied. Zoned M1-4/R6B within the Long Island City Mixed Use District, the property has an FAR of 2.0 and approximately 500 square feet of unused air rights. Rent roll and expense information available upon request.

Listed by Rick O Kelly

·

ALTA Real Estate

·

(917) 204-6577

Listed by VERNEKAR NEHA PANKAJ

·

ALTA Real Estate

Last updated September 02, 2026

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Source: REBNY #RLS20107016

RLS Data display by Prevu Real Estate LLC

Listing Facts

  • TypeMulti-family
  • NeighborhoodHunters Point
  • Bedrooms6
  • Bathrooms6
  • Days on Prevu43
  • Taxes$14,196/year
  • Size4,500 sqft
  • Price per sqft$400

Amenities

  • Private Outdoor Space

Location

Mortgage Calculator

Listing History

09/02/2026
Price Decreased
$1,799,000
08/03/2026
Listed by ALTA Real Estate
$2,000,000
  1. 09/02/2026$1,799,000
    Price Decreased
  2. 08/03/2026$2,000,000
    Listed by ALTA Real Estate

Estimated Closing Costs

Attorney Fees
$4,000
NYC Mansion Tax
$17,990
Title Insurance
$8,096
Bank Attorney
$1,500
Mortgage Recording Tax
$27,704
Other Closing Costs
$4,000
Total
$63,290

Estimated closing costs are based on the list price of $1,799,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 10-47 47th Avenue

Association

Amenities

  • Pets Allowed: Building Yes, No

Exterior

Construction

  • Number Of Units Total: 6
  • Stories Total: 3
  • Structure Type: Townhouse
  • Year Built: 1931
  • Entry Level: 1

Measurements

  • Building Area Total: 4,500
  • Building Area Units: SquareFeet
  • Lot Size Area: 2,500
  • Lot Size Dimensions: 100
  • Lot Size Units: SquareFeet

Financial

Taxes

  • Tax Annual Amount: $14,196.00

Interior

Features

  • Interior Features: Smoke Free

Measurements

  • Living Area: 4,500
  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 6
  • Bathrooms Total Integer: 6
  • Bedrooms Total: 6
  • Rooms Total: 24

Other

Location

  • City Region: Queens
  • Subdivision Name: Hunters Point
  • Tax Block: 00047
  • Tax Lot: 0019

Utilities

Equipment

  • Laundry Features: In Unit

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 6 bedrooms and 6 bathrooms in this multi-family home at 10-47 47th Avenue.

What are the annual taxes for 10-47 47th Avenue?

Annual taxes for this multi-family home are estimated at $14,196.

How does 10-47 47th Avenue compare to other multi-family homes in Hunters Point?

This multi-family home is listed 55% below the average price for multi-family homes in Hunters Point and has been on the market for 71 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 4,500 sqft.

10-47 47th Avenue is a 6-bedroom, 6-bath multi-family home for sale in Queens NY 11101. On Prevu for 43 days at $1,799,000. This includes a recent price decrease of $201,000. This property features 4,500 square feet of living space, located in Hunters Point. The median listing price for multi-family homes in this area is $1,175,000. Property amenities include private outdoor space. Explore more multi-family home listings in Queens.

RLS Data display by Prevu Real Estate LLC The Registrant acknowledges each other RLS Broker's ownership of, and the validity of their respective copyright in, the Exclusive Listings that are transmitted over the RLS. The information is being provided by RLS at REBNY Listing Service, Inc. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. 2026 RLS at REBNY Listing Service, Inc. All rights reserved. Based on information from the Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity. 2026 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.