New York, NY 11385

Property

Ownership: For Sale
Type: Unknown
Bedrooms: Studio
Pets: No Pets Allowed
Lot Size: 0.06 Acres

Financials

Price:$495,000
Annual Taxes:$6,248
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of Crifasi Real Estate Inc

Rare Shovel Ready Development Opportunity in Glendale Prime Mixed Use Site with BSA Approved Plans Take advantage of this fully approved development opportunity at 73 45 Myrtle Avenue a.

Description

Rare Shovel-Ready Development Opportunity in Glendale Prime Mixed-Use Site with BSA-Approved Plans Take advantage of this fully approved development opportunity at 73-45 Myrtle Avenue (a.k.a. 78-70 74th Street). This sale includes Board of Standards and Appeals (BSA) approved plans (Cal. No. 2016-1219-BZ) for a sophisticated, two-story mixed-use building in a high-traffic Glendale location. Project Highlights: • Total Proposed Area: 4,705 sq. ft. of efficient, fully sprinklered space. • Commercial Ground Floor: 1,839 net sq. ft. of prime retail/commercial space with high visibility and a dedicated residential lobby. • Luxury Residential: Two massive 2-bedroom/2-bathroom apartments on the second floor: • Unit A: 1,191 net sq. ft.. • Unit B: 1,059 net sq. ft.. • Parking & Storage: Attached 2-car garage and a full 102-foot deep cellar for tenant or commercial storage. • Zoning Relief Granted: Approved waivers for use, FAR, and front/side yard requirements, maximizing the building's footprint and potential. • Stunning Design: Architecturally significant Tudor-style facade designed by T.F. Cusanelli & Filletti Architects. Skip the years of red tape—this project is ready for a developer to break ground immediately in one of Queens' most established neighborhoods.

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.