New York, NY 11355

Property

Ownership: For Sale
Type: Duplex
Bedrooms: 6 BR
Bathrooms: 2
Pets: No Pets Allowed

Financials

Price:$2,499,000
Annual Taxes:$5,116
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of Keller Williams Rlty Landmark

2 family home on a 25 x 100 lot with highly desirable R6 zoning, offering exceptional development and long term investment potential.

Description

2-family home on a 25 x 100 lot with highly desirable R6 zoning, offering exceptional development and long-term investment potential. R6 zoning permits medium-density residential use and provides flexibility for multi-family use or future redevelopment to maximize allowable floor area (subject to architectural plans, DOB approval, and all local regulations). This zoning also offers the potential to develop a medium-size apartment building with a community facility or community center component, making the property especially attractive for developers and investors seeking strong upside. Situated in the heart of Flushing, just half a block from Main Street and College Point Boulevard, the property enjoys a very desirable location with immediate access to shopping, dining, transportation, and major amenities.

Amenities

  • Electricity Connected
  • High ceiling
  • Natural Gas Connected
  • Open Kitchen
  • Water 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.