New York, NY 11364

Property

Ownership: For Sale
Type: Single Family
Rooms: 5
Bedrooms: 2 BR
Bathrooms:
Lot Size: 0.1 Acres

Financials

Price:$959,000
Annual Taxes:$6,371
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of Cavestone Realty Inc

Welcome to this fully updated home situated on a rare corner lot in prime NYC School District 26.

Description

Welcome to this fully updated home situated on a rare corner lot in prime NYC School District 26. Major Improvements & Upgrades: - Kitchen fully renovated in 2021 - Full and half bathrooms renovated in 2021 - Roof replaced in 2021 - Windows replaced in 2021 - Water heater installed in 2021 - Oil boiler installed in 2022 - Sump pump installed in 2022 - Whole-house insulation installed Energy Efficiency & Tax Abatement: Features a fully owned solar panel system that transfers with no lease or lien at closing. Recent production data shows approximately 115% solar offset, generating more electricity than the household consumes. The property also benefits from an active NYC solar property tax abatement of approximately $1,449 per year, reducing annual property taxes to approximately $6,371. The tax abatement runs through June 2030. Outdoor Space & Amenities: This corner property offers exceptional private outdoor space, including a fully fenced backyard and side yard, covered patio/entertaining area, above-ground pool, and a 1-car detached private garage with additional storage. Interior Features: Recessed lighting, updated flooring, ceiling fans, dedicated laundry space, abundant storage, and a finished lower level. Additional Development Potential: Property is situated in an R3-1 residential zoning district on an approximately 25' × 97' corner lot. Recent NYC zoning changes may provide opportunities to further improve or expand the property, including a potential rear enlargement and/or accessory dwelling unit (ADU). The existing detached garage may also present potential for conversion to an ADU, subject to applicable zoning, building-code, fire-safety and permitting requirements. Conceptual studies indicate meaningful additional development potential; however, no representation is made as to the amount or type of development permitted. Buyers should independently verify all zoning, FAR, ADU eligibility and development rights with a licensed architect and the NYC Department of Buildings. See conceptual surveys that show potential additional building area. 2 Bedrooms | 1.5 Bathrooms | Finished Basement | Detached Garage | Corner Lot | Owned Solar | Active Solar Abatement Through 2030

Amenities

  • Back Yard
  • Breakfast Bar
  • Ceiling Fan(s)
  • Corner Lot
  • Dishwasher
  • Electricity Connected
  • Kitchen Island
  • Microwave
  • Natural Gas Connected
  • Near Public Transit
  • Oven
  • Range
  • Refrigerator
  • Sewer Connected
  • Stainless Steel Appliance(s)
  • Storage
  • Trash Collection Public
  • 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.