Property

Ownership: For Sale
Type: Unknown
Bedrooms: Studio
Pets: Pets No
Lot Size: 0.10 Acres

Financials

Price:$7,800,000
Annual Taxes:$38,530
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of Ashford Homes 6 Inc

Description

Downtown Flushing Prime Development Site | Approved Plans + Partial Foundation Exceptional shovel-ready development opportunity in the core of Downtown Flushing, just off Main Street on 41st Avenue. This fully-approved, mixed-use project sits on a 4,450 SF C4-3/R6 lot with 22,904 buildable SF and a total GBA of 30,083 SF. The foundation is already one-third complete, with all DOB permits in place. Program includes ground-floor retail, a 30-key hotel, and 8 luxury condo units (duplexes on top floors). Surrounded by major transit, high foot traffic, and dense commercial infrastructure, this site is ideal for developers seeking a high-exposure, income-generating asset in one of NYC’s fastest-growing markets. Asking $7.8M (only $339/BSF).

Downtown Flushing Prime Development Site Approved Plans Partial Foundation Exceptional shovel ready development opportunity in the core of Downtown Flushing, just off Main Street on 41st Avenue.


    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.