New York, NY 11412

Property

Ownership: For Sale
Type: Duplex
Bedrooms: 5 BR
Bathrooms: 3

Financials

Price:$999,999
Annual Taxes:$5,926
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of Exclusive Homes Group Inc

Welcome to 205 28 116 Road a rare opportunity to own a brand new, fully detached two family home that blends modern luxury with serious income potential.

Description

Welcome to 205-28 116 Road—a rare opportunity to own a brand-new, fully detached two-family home that blends modern luxury with serious income potential. Priced under $1M, this property offers exceptional value with no mansion tax, making it an ideal move for both investors and savvy end-users. Perfectly positioned just off Francis Lewis Blvd, this home has been completely rebuilt from top to bottom with clean finishes, smart layout choices, and flexibility that actually makes you money. The first-floor unit features a well-designed 2-bedroom, 1-bath layout with direct access to a beautifully finished basement. Whether you duplex it for expanded living space or convert the lower level into a separate apartment—with its own private entrance already in place—you’ve got immediate upside. Upstairs, the second unit offers a spacious 3-bedroom, 1-bath layout, plus a fully finished attic with impressive 8-foot ceilings—ideal for additional living space, a home office setup, or added rental value. This is not just a property—it’s a strategic play. Live in one unit, rent the other, or maximize cash flow with two (or even three) income streams. The flexibility here is real, and the potential is wide open. Opportunities like this don’t sit around—especially at this price point.

Amenities

  • Electricity Connected
  • First Floor Bedroom
  • First Floor Full Bath
  • Natural Gas 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.