30-01 Northern Boulevard
Long Island City, NY 11101

Cross street:40th Rd.

Property

Ownership: For Sale
Type: Commercial
Bedrooms: Studio
Lot Size: 4890 sq ft

Financials

Price: $5,650,000
Annual Taxes: $64,722

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47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of NY Space Finders Inc

Description

Introducing a Corner End User/Value add property for sale, located in one the best exposed corner in the Dutch Kills subsection of Long Island City, NY With a lot size encompassing an approximate area of 4,890 Sq. ft., the property features a two-story commercial property + usable basement covering 13,800 sq. ft. With a high load capacity and large freight elevator, this property is easily adapted for multiple uses. Boasting a M1-3/R7X zoning classification and favorable floor area ratio (FAR) ratios, this property offers a versatile foundation for potential development. Seize the opportunity provided by as-of-right allowances to explore a residential and commercial buildable area of 24,450 sq. ft. These generous FAR ratios open up exciting possibilities for residential, mixed-use, commercial, industrial and community facility development. The property's strategic corner positioning ensures excellent visibility and accessibility, attracting a substantial flow of traffic. Its proximity to various transportation options, including the E, M, N, R, W & 7 subway lines and extensive bus lines, further enhances its appeal. Featured Commercial Sales.

Neighborhood

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Introducing a Corner End User Value add property for sale, located in one the best exposed corner in the Dutch Kills subsection of Long Island City, NY With a lot ...


Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.