New York, NY 11354

Property

Ownership: For Sale
Type: Multi-Family
Bedrooms: Studio
Pets: Pets No

Financials

Price:$40,000,000
Annual Taxes:$115,000
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of Nest Seekers LLC

Building for sale in prime Flushing 41 two bedrooms 6 one bedrooms 1 Studio The Haru is a ground up new construction of 7 stories located on 138 25 Barclay ...

Description

Building for sale in prime Flushing | 41 two bedrooms - 6 one bedrooms - 1 Studio The Haru is a ground-up new construction of 7-stories located on 138-25 Barclay Avenue, Flushing. Completed in 2023, the building is comprised of 48 residential units, 24 on-site parking spaces and totals ~40,976 sf on a ~12,400 sf lot. Currently, it is structured as a rental property, it has a 421-a tax abatement in place. Stabilization and income growth are supported by neighborhood-scale investments, as it is situated in a prime location. Located in Downtown Flushing, at it's doorsteps are the 7-Train and LIRR at Flushing-Main St, and destination retail including Tangram, Sky View Parc/The Grand, and New World Mall. Just moments away are Citifield at Mets -Willets Point and the upcoming The NYCFC 25,000-seat stadium (target 2027) and the Metropolitan Park entertainment/casino proposal (application submitted 2025; pending state award). Offering: Fee-simple interest in the entire property. For additional details or to schedule a property tour, please contact the exclusive brokerage team at Nest Seekers International.

Amenities

  • Electricity Connected

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.