New York, NY 11103

Property

Ownership: For Sale
Type: mixed-use
Bedrooms: Studio

Financials

Price:$2,980,000
Annual Taxes:$43,053
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of P R O Links Realty Inc

Located along the vibrant, high traffic Steinway Street retail corridor, this mixed use property offers exceptional visibility, stable demand, and strong investment potential.

View of property

View of property

View of property
View of property
Finished below grade area with a drop ceiling and dark wood-type flooring
Finished below grade area with a drop ceiling and dark wood-type flooring
Utility room featuring gas water heater, water heater, and a heating unit
Utility room featuring gas water heater, water heater, and a heating unit
Utilities featuring electric panel
Utilities featuring electric panel
Utility room featuring gas meter
Utility room featuring gas meter
View of home floor plan
View of home floor plan
View of propertyView of propertyFinished below grade area with a drop ceiling and dark wood-type flooringFinished below grade area with a drop ceiling and dark wood-type flooringUtility room featuring gas water heater, water heater, and a heating unitUtility room featuring gas water heater, water heater, and a heating unitUtilities featuring electric panelUtilities featuring electric panelUtility room featuring gas meterUtility room featuring gas meter

Description

Located along the vibrant, high-traffic Steinway Street retail corridor, this mixed-use property offers exceptional visibility, stable demand, and strong investment potential. The lot measures 25' x 90' and is zoned C4-2A / R6A, with an existing 22' x 61' building footprint. The ground floor features a prime street-front retail space equipped with a gas line—ideal for restaurants, cafes, boutiques, or a wide range of service businesses. The second and third floors each contain spacious 3-bedroom apartments, approximately 1,350 SF per unit, providing generous layouts and reliable residential rental income. Just a few blocks from multiple subway stations, the property benefits from excellent transportation access, consistent foot traffic, and a highly desirable Astoria location. A rare opportunity for investors seeking a balanced asset with both commercial and residential revenue streams.

Amenities

  • Cable - Available
  • Electricity Available
  • Natural Gas Available
  • Sewer Available

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.