New York, NY 11385

Property

Ownership: For Sale
Type: mixed-use
Bedrooms: Studio
Lot Size: 0.1 Acres

Financials

Price:$1,999,000
Annual Taxes:$5,604.68
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of Crifasi Real Estate Inc

Large brick corner mixed use property located in the heart of vibrant Ridgewood, Queens.

Description

Large brick corner mixed-use property located in the heart of vibrant Ridgewood, Queens. This well-maintained investment opportunity features two ground-floor commercial storefronts, both to be delivered vacant at closing. Also included is a 1 story Commercial unit in the back of the property, offering excellent potential for owner-users or investors seeking strong retail exposure. The residential component consists of two spacious apartments: a 4-room apartment currently rented for $1,900/month and a 5-room apartment generating $2,200/month. Positioned in a thriving commercial corridor surrounded by established local businesses, restaurants, cafes, and neighborhood services, this property benefits from strong foot traffic and consistent demand. Convenient access to the Myrtle–Wyckoff Avenues Station with L and M subway lines provides an easy commute to Manhattan, Brooklyn, and throughout Queens, while multiple bus lines service the immediate area. Ridgewood continues to experience strong growth and popularity due to its blend of residential charm, active business district, and outstanding transportation options. Exceptional opportunity for investors, end-users, or developers alike.

Amenities

  • Electricity 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.