New York, NY 11432

Property

Ownership: For Sale
Type: Unknown
Bedrooms: Studio
Pets: Pets No
Lot Size: 0.42 Acres

Financials

Price:$24,000,000
Annual Taxes:$43,518
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of Exit Realty Prime

Description

Seize this exceptional opportunity to transform a prime corner lot into a landmark development in the vibrant heart of Jamaica, Queens. Expansive 154FTx119FT lot with R6A, C4-5X, DJ zoning, comes with an approved plan for an impressive 185,000 square feet of a 13-story mixed-use building, showcasing a remarkable 100-foot-wide frontage on bustling Hillside Avenue. Also, features 60,000 sq. ft. commercial space at the Basement, 1st, 3rd & 4th floors, 15,000 sq. ft. indoor In & Out Parking on the 2nd floor, and 99 residential units designed to maximize livability and appeal. Located steps away from the 169th St subway station, bus terminal, and a thriving array of shops, restaurants, supermarkets, schools, banks, and parks, this location is a gem! Premier location offering unparalleled potential to create a transformative project in a thriving urban hub - Act now!

Seize this exceptional opportunity to transform a prime corner lot into a landmark development in the vibrant heart of Jamaica, Queens.


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.