New York, NY 11357

Property

Ownership: For Sale
Type: Unknown
Bedrooms: Studio
Lot Size: 0.2 Acres

Financials

Price:$2,298,000
Annual Taxes:$17,627.72
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of Compass Greater NY LLC

DEVELOPMENT OPPORTUNITY Whitestone, Queens Mixed Use Approved Project An exceptional development opportunity is being offered in Whitestone, Queens.

Description

DEVELOPMENT OPPORTUNITY Whitestone, Queens / Mixed-Use Approved Project An exceptional development opportunity is being offered in Whitestone, Queens. The offering consists of three (3) contiguous lots totaling approximately 0.170 acres (7419 Sf), located at 149-16 14th Avenue, 149-18 14th Avenue, and 149-23 Cross Island Parkway. The property is being delivered with approved architectural plans for three (3) mixed-use buildings, each designed to include a ground-floor retail/commercial component with residential apartments above. Key Highlights: - 3 Development Lots/ +- 0.170 Acres Total - Approved Plans in Place - 3 Mixed-Use Buildings with Retail/Commercial on First Floor and Residential Apartments Above - Prime Whitestone Location - Strong retail demand and rental fundamentals - Excellent access to Cross Island Parkway, public transportation, and surrounding amenities. 149-16 14th Avenue consists of a 2,000 Sq ft site, proposed to be developed with a 3-story mixed-use building, containing a total of 3 residential rental units and a commercial retail / office unit (1,224 Sq ft) on the first floor, with a combination of a 2-BR + rear terrace (950 Sq ft) unit on the 2nd floor and a 1-BR (575 Sq ft) and a rear studio (375 Sq ft) units on the 3rd floor. The total gross building area is estimated at 3,234 Sq ft above grade. 149-18 14th Avenue consists of a 2,000 Sq ft site, proposed to be developed with a 3-story mixed-use building, containing a total of 3 residential rental units and a commercial retail / office unit (1,224 Sq ft) on the first floor, with a combination of a 2-BR + rear terrace (950 Sq ft) unit on the 2nd floor and a 1-BR (575 Sq ft) and a rear studio (375 Sq ft) units on the 3rd floor. The total gross building area is estimated at 3,234 Sq ft above grade. 149-23 Cross Island Parkway 3,419 Sq ft site, proposed to be developed with a 3-story mixed-use building, containing a total of 5 residential rental units and a commercial office unit (1,894 Sq ft) on the first floor, with a combination of one (1) studio and four (4) one-bedroom units. The total gross building area is estimated at 5,306 Sq ft above grade.

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.