New York, NY 11355

Property

Ownership: For Sale
Type: Unknown
Bedrooms: 6 BR
Bathrooms: 3
Lot Size: 0.1 Acres

Financials

Price:$2,999,999
Annual Taxes:$13,338
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of LPT Realty Tri-State LLC

Rare Queensboro Hill, Flushing Opportunity Near Main Street Oversized 60' x 100' Corner Property with Vacant Lot amp ; NYC Skyline Views.

Description

Rare Queensboro Hill, Flushing Opportunity Near Main Street | Oversized 60' x 100' Corner Property with Vacant Lot & NYC Skyline Views. First Time Available in Nearly 60 Years! Welcome to a truly special offering in the highly desirable Queensboro Hill section of Flushing, Queens. Situated on an oversized 60' x 100' corner property with R4-1 zoning, this unique opportunity consists of two separate lots, including a 29' x 100' vacant lot and a 31' x 100' lot improved with a 2-story, 3-family home (no C/O, built circa 1925) offering approximately 2,720 square feet plus a full basement. Whether you're searching for a place to call home, a property with rental income potential, a long-term investment (not financial advice), future development possibilities, or a combination of all three, this offering presents a level of flexibility that is becoming increasingly difficult to find in Flushing. The existing structure features 3 kitchens with gas cooking, 3 living rooms, 4 bathrooms, 3 gas meters, 3 electric meters, a full basement, and a detached 2-car garage. Outside, you'll find beautifully landscaped grounds with fruit trees, a patio area for relaxation or entertaining, and an abundance of outdoor space rarely found on properties this close to Downtown Flushing. Thanks to its oversized corner location, eastern exposure, and open surroundings, the property enjoys excellent natural light and a bright, airy feel throughout the day. One of the most captivating features is the view. From the top floor, enjoy mesmerizing views of the New York City skyline, the iconic Unisphere in Flushing Meadows-Corona Park, and the USTA Billie Jean King National Tennis Center, home of the U.S. Open. It's a rare combination of neighborhood charm, open space, and city scenery. Location is everything, and this property delivers. Situated just one block from PS 120 and only minutes from Downtown Flushing, you'll enjoy convenient access to some of the best dining, shopping, parks, healthcare facilities, transportation, and entertainment Queens has to offer. Nearby destinations include New York-Presbyterian Hospital, Queens College, Flushing Meadows-Corona Park, the Queens Botanical Garden, Citi Field, local and express MTA buses, the LIRR, the 7 Train, major highways and parkways, LaGuardia Airport, and JFK Airport. The property is also conveniently located near the proposed Metropolitan Park development, one of the most anticipated projects planned for Queens County. For owner-occupants, the existing layout may offer the opportunity to live on-site while generating rental income from additional units. For investors, the property's size, location, and configuration create strong long-term potential in one of Queens' most established neighborhoods. Developers and visionaries will appreciate the combination of two separate lots, corner exposure, R4-1 zoning, and New York City's evolving City of Yes initiatives, which may present opportunities for future expansion, redevelopment, and/or accessory dwelling units (ADUs), subject to approvals. Buyers are encouraged to consult with their architect, engineer, zoning consultants, and other professionals regarding potential uses and development possibilities. Large corner properties with a vacant lot, skyline views, income potential, and development flexibility are becoming increasingly scarce in Flushing. The combination of two separate lots, a 60' x 100' footprint, R4-1 zoning, city views, and an unbeatable location near Downtown Flushing creates a unique opportunity for homeowners, investors, and developers alike. Don't miss your chance to own a significant piece of real estate in Flushing for the first time in nearly six decades.

Amenities

  • Awnings
  • Back Yard
  • Cable Connected
  • City
  • Corner Lot
  • Eat-in Kitchen
  • Electricity Connected
  • First Floor Bedroom
  • First Floor Full Bath
  • Front Yard
  • Garden
  • Landscaped
  • Lighting
  • Mailbox
  • Natural Gas Connected
  • Near Golf Course
  • Near Public Transit
  • Near School
  • Near Shops
  • Neighborhood
  • Open
  • Phone Connected
  • Private
  • Private Roof
  • Rain Gutters
  • Sewer Connected
  • Skyline
  • Smoke Detectors
  • Storm Doors
  • Subdivided
  • Trash Collection Public
  • Video Cameras
  • Views
  • 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.