Property

Ownership: For Sale
Type: Duplex
Bedrooms: 6 BR
Bathrooms: 4
Pets: Pets No
Lot Size: 0.13 Acres

Financials

Price:$1,579,000
Annual Taxes:$8,306
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of Sovereign Realty of NY Inc

Description

A truly rare opportunity in the heart of Ozone Park- six bedrooms, four kitchens, and four full bathrooms, on a massive 5,510 square foot corner lot with unprecedented redevelopment potential. This legal two-family property with 2,770 square feet of interior space not counting the full basement or full attic, spans two separate addresses — 107-64 and 107-66 92nd Street — and sits on an oversized corner parcel that’s virtually unheard of in this tightly built neighborhood. For investors and developers, this is a rare chance to unlock real value through conversion, expansion, or even full-scale redevelopment (subject to proper permits). The existing structure offers a highly flexible layout: two full floors, a finished basement with its own kitchen and bathroom, and a full-height attic that can be converted into additional living space. This property is ideal for immediate income generation, multi-family use, or a strategic reconfiguration. A detached two-car garage, large fenced yard, and two separate front entrances further increase the viability of multiple units or a brand-new build. Corner exposure provides excellent light, access, and curb appeal—plus added value for future tenants or resale. Blocks away from shopping, schools, and multiple bus and train lines. Three electric meters, two gas meters, and sprinkler system. This property is fully owner-occupied and will be delivered vacant, keys at closing. Development of this sprawling property will forever change your financial portfolio.

Amenities

  • Back Yard
  • Corner Lot
  • Eat-in Kitchen
  • Electricity Connected
  • Entrance Foyer
  • First Floor Bedroom
  • First Floor Full Bath
  • Formal Dining
  • Front Yard
  • Irregular Lot
  • Master Downstairs
  • Natural Gas Connected
  • Primary Bathroom
  • Sewer Connected
  • Storage
  • Water Connected

A truly rare opportunity in the heart of Ozone Park six bedrooms, four kitchens, and four full bathrooms, on a massive 5, 510 square foot corner lot with unprecedented redevelopment ...


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.