New York, NY 11374

Property

Ownership: For Sale
Type: Unknown
Bedrooms: Studio
Lot Size: 0.0 Acres

Financials

Price:$1,500,000
Annual Taxes:$14,949.72
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of REO Assets America LLC

Build ready development site in the heart of Rego Park, one of Queens' most in demand residential submarkets.

Description

Build-ready development site in the heart of Rego Park, one of Queens' most in-demand residential submarkets. This 1,840 SF lot (20' frontage x 92' depth) sits in an R7-1 zone permitting up to 6,330 SF of buildable area as-of-right — enough for a multifamily building of roughly 8 residential units, with no parking required. Site is clear and ready to build, with all utilities available. Just a 5-minute walk to the 63rd Drive–Rego Park subway station (M/R), and close to Queens Boulevard's shops, dining, and transit corridor — an easy commute to Manhattan. Perfect for a developer or builder looking to break ground immediately in a supply-constrained neighborhood with strong rental demand.

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.