NY > Queens > Hunters Point
Queens, NY 11101,45-44 VERNON Boulevard
See all 19 photos
Queens, NY 11101,45-44 VERNON Boulevard
Queens, NY 11101,45-44 VERNON Boulevard
Queens, NY 11101,45-44 VERNON Boulevard
Queens, NY 11101,45-44 VERNON Boulevard
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Fri
31
Oct
Sat
1
Nov
Sun
2
Nov
Cornell Jones

Cornell Jones

+1(917) 676-4549
Listing Courtesy of Douglas Elliman Real Estate
$ 5,200,000
Est. payment /mo
Save
Open Sat 10AM-11AM

45-44 VERNON Boulevard Queens, NY 11101

4 Beds

5 Baths

5,000 SqFt

Open House

Sat Nov 01, 10:00am - 11:00am

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 5,000 sqft

Price per Sqft $1,040

Subdivision Hunters Point

MLS Listing ID RLS20056699

Bedrooms 4

Full Baths 4

Half Baths 1

HOA Y/N No

Year Built 1931

Annual Tax Amount $33,996

Property Sub-Type Mixed Use

Property Description

- VIRTUAL TOURS AVAILABLE - PROPOSED ZONING UPGRADE - OneLIC - INVESTMENT OR REDEVELOPMENT OPPORTUNITY - MIXED USE - FIVE UNIT BUILDING Located in the heart of Hunters Point with frontage on Vernon Boulevard, this mixed-use property features a fully renovated four-unit apartment building and a flexible retail space. The four free-market one-bedroom apartments are all leased at market rates. The retail component offers 2,500 SF of flexible space with an additional 1,250 SF basement. The building sits on a 25' x 100' lot within R6A, C1-5 zoning and a FAR of 3. The existing building is approximately 5,000 SF and still has 2,500 buildable that can be applied as it stands. With the proposed OneLIC plan this will increase to 5,000 additional buildable SF. The building is accessible via the E, G, M, and 7 train lines along with the LIE. It is also conveniently located just steps away from the Gantry Plaza State Park, Murray Park, along with all the major restaurants, shops, and supermarkets that LIC has to offer. This is an excellent opportunity for investors, 1031 exchange buyers, or developers looking to capitalize on the potential of the OneLIC Neighborhood Plan. OneLIC Proposed Rezoning: The OneLIC Neighborhood Plan unlocks major redevelopment potential in Long Island City, proposing the rezoning of 54 blocks to allow for approximately 14,700 new housing units. This property is located within the proposed rezoning area, which could increase the allowable FAR from the current 3.0 to 4.0. As a result, the buildable square footage could rise from approximately 7,500 to over 10,000 square feet.  For more information regarding OneLIC planning, please visit their website: licplan.nyc

Location

State NY

County Queens

Rooms

Basement Other

Interior

Interior Features Smoke Free

Cooling Ductless

Fireplace No

Appliance Washer Dryer Allowed

Laundry Building Other, Washer Hookup, In Unit

Exterior

View Y/N No

View Other

Porch None

Private Pool No

Building

Dwelling Type Mixed Use

Story 3

New Construction No

Others

Pets Allowed Pets Allowed

Ownership None

Monthly Total Fees $2, 833

Special Listing Condition Standard

Pets Allowed Building Yes, No

REBNY VOW
RLS Data display by Nest Seekers International
Cornell Jones

Cornell Jones

Agent | License ID: 10401246097

+1(917) 676-4549

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Cornell Jones, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

45-44 VERNON Boulevard