Property

Ownership: For Sale
Type: mixed-use
Bedrooms: Studio
Pets: Pets No
Lot Size: 0.30 Acres

Financials

Price:$22,000,000
Annual Taxes:$282,674.60
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of RE/MAX Edge

Description

This newly constructed 2025 mixed-use brick building is located in a prime, highly visible, and sought-after neighborhood, offering a rare and exceptional investment opportunity. The property features 16 residential condominium units, 11 community facility spaces, and a total of 33 parking spots. Spanning 42,601 square feet, the building includes 18,410 square feet of residential space, 12,609 square feet allocated for community facilities, and 11,581 square feet dedicated to 30 indoor parking spaces in the sub-cellar. The elevated structure includes 6 community facility units in the basement with a separate entrance, 5 additional community facility spaces and 3 outdoor parking spots on the ground floor, and 16 residential units across the second and third floors. The residential layout comprises 2 duplex units with three bedrooms and two bathrooms, 4 three-bedroom and two-bathroom units, and 10 two-bedroom and two-bathroom units. Each condo is outfitted with a private balcony, an individual water heater, split air conditioning and heating systems, and an in-unit washer and dryer. The building also offers a spacious rooftop terrace, a 78x110-foot footprint, and sits on a 100x131-foot lot. This one-of-a-kind property is an excellent opportunity and won’t last long! MLS Approve- No financial provided due to property being vacant

This newly constructed 2025 mixed use brick building is located in a prime, highly visible, and sought after neighborhood, offering a rare and exceptional investment opportunity.


    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.