43-41/45 Burling Street
New York, NY 11355

Property

Ownership: For Sale
Type: Single Family
Bedrooms: Studio
Area: 1160 sq ft
Lot Size: 0.4 Acres

Financials

Price:$5,599,000
Annual Taxes:$16,955
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of H N L Realty Inc

An exceptional development opportunity featuring two adjacent lots totaling approximately 16, 000 square feet, ideally situated in the highly desirable heart of Downtown Flushing.

Description

An exceptional development opportunity featuring two adjacent lots totaling approximately 16,000 square feet, ideally situated in the highly desirable heart of Downtown Flushing. The property consists of two separate lots: one with an existing ranch-style home and the other consisting of vacant land. Plan A – Multifamily Residential Development: Potential to develop five separate three-family residential buildings, each with a proposed building footprint of approximately 20' x 70'. Plan B – Mixed-Use Development: Potential to develop a community facility combined with parking and residential use, offering up to approximately 24,000 buildable square feet, subject to applicable zoning regulations and approvals. Conveniently located near shopping centers, restaurants, supermarkets, public transportation, and other neighborhood amenities. All information, including but not limited to property taxes, lot dimensions, zoning, floor area ratio (FAR), permitted uses, buildable square footage, and development potential, is provided for informational purposes only and is not guaranteed and should be independently verified by the purchaser.

Amenities

  • Electricity Connected
  • Natural Gas Connected
  • Other
  • Sewer Connected
  • 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.