Property

Ownership: For Sale
Type: Unknown
Bedrooms: Studio
Pets: Pets No
Lot Size: 0.17 Acres

Financials

Price:$5,700,000
Annual Taxes:$41,972.92
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of Americana Realty Prime LLC

Description

Buildable Lot - Commercial Residential. Prime Location! Zoning: C4-4A, DJ (IH), Lot area approx. 8,110 st (source: DOF), Use Groups allowed: 1-6, 8-10, 12. Resi Base FAR: 3.45 (in only market rate units) - approx. 27,979 sf, max 27 units. Resi Max FAR: 4.60 with Inclusionary Housing component (if affordable units min 20% of FA) - approx., 37,3000 max 54 units. Commercial FAR: 4.0 - approx. 32,440 sf., Min base height 40'-0", Max base height 65'-0", Max building height - up to 85'-0" (or 8 stories) (in only market rate units), Max building height - up to 95'-0" (or 9 stories) w/inclusionary Housing component (if affordable units min 20% of FA), Commercial & Community Fac. Parking - not required, Residential Parking -50% of market rate units. Great investment for investors.

Buildable Lot Commercial Residential.


    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.