New York, NY 11354

Property

Ownership: For Sale
Type: mixed-use
Bedrooms: Studio

Financials

Price:$23,880,000
Annual Taxes:$322,794
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of E Realty International Corp

Rare large scale mixed use property located in the heart of Flushing, Queens, offering a combination of existing income producing uses and potential future redevelopment opportunities.

Description

Rare large-scale mixed-use property located in the heart of Flushing, Queens, offering a combination of existing income-producing uses and potential future redevelopment opportunities.Property Features: 2 Street-Level Retail Storefronts 1 Commercial Parking Garage 3 Office Spaces 14 Residential Units Potential to reconfigure into approximately Condo/Hotel units The property benefits from a prime Flushing location surrounded by retail, residential, dining, transportation, and other commercial amenities. The combination of substantial scale, multiple existing uses, and potential redevelopment flexibility makes this a notable investment opportunity. Ideal for investors, developers, and owner-users seeking a strategically located property with long-term value potential. All redevelopment, conversion, and unit-count possibilities are subject to zoning, governmental approvals, building requirements, and applicable laws. Buyer to independently verify all information and conduct its own due diligence.

Amenities

  • Electricity 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.