New York, NY 11434

Property

Ownership: For Sale
Type: Duplex
Bedrooms: Studio

Financials

Price:$999,000
Annual Taxes:$6,000
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of Jaymore Realty LLC

Prime Development Opportunity Legal 2 Family in Springfield Gardens Unlock the full potential of this exceptional legal 2 family property situated in the heart of Springfield Gardens, Queens.

Description

Prime Development Opportunity | Legal 2-Family in Springfield Gardens Unlock the full potential of this exceptional legal 2-family property situated in the heart of Springfield Gardens, Queens. Set on an expansive 7,758 sq ft lot, this 1,500 sq ft residence offers immediate income potential along with significant upside for investors and developers alike. Positioned within an R3-2, C1-3 zoning district, this property boasts a maximum buildable of approximately 5,819 sq ft, presenting a rare opportunity to expand, redevelop, or create a custom multi-unit project in a rapidly evolving neighborhood. Conveniently located less than 10 minutes from John F. Kennedy International Airport, this home is ideal for frequent travelers and those seeking proximity to a major transportation hub. Commuting is effortless with the Long Island Rail Road just two blocks away, offering a seamless 20-minute ride into Midtown Manhattan. Whether you're an end-user looking for rental income or an investor seeking your next value-add project, this property delivers on location, scale, and long-term potential.

Amenities

  • First Floor Bedroom
  • First Floor Full Bath

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.