Commercial Mixed Use Townhouse on Prime L.I.C. Street

Peter Djonald Gaché
Licensed Real Estate Salesperson
Mobile: 310.849.4763
415 Madison Avenue New York, NY 10017
Phone: 212-252-8772
Fax: 212-252-9347
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EXCLUSIVE

Location

5-28 51st Ave
Queens NY 11101
Cross street:5th St and Vernon Blvd

Property

Ownership: For Sale
Type: Mixed Use
Rooms: 10
Bedrooms: 4 BR
Bathrooms: 4
Pets: Pets Allowed
Area: 5000 sq ft
Lot Size: 2500 sq ft

Financials

Price: $3,998,000
Annual Taxes: $16,000

Description

This is an extraordinary opportunity to unlock this property's potential and participate in the meteoric rise of Long Island City. Uniquely configured, flexible mixed-use, 25 foot wide townhouse with luxury of a private garage and coveted city curb cut for own parking and convenience. Private roof with unobstructed views. Located on a prime street in Hunters Point, mere blocks from excellent transportation, East River waterfront parks and recreation, the new major Queens library, schools, Urban Food Market, Duane Reade drugstore, fine neighborhood shops, and excellent restaurants.

Own your own 5,000 s.f. building or private home on 2 floors. Situated on a quiet residential mixed use street one block from Jackson Ave/Vernon Blvd No. 7 subway with 5 minutes to Midtown Grand Central and on to Times Square and new Hudson Yards. Also convenient by East River ferry to Manhattan. Near proposed route for new Bklyn-Queens trolley connector.

Loft-style ground floor features two street entrances, soaring 16-ft ceilings, triple-pane windows, skylights, industrial steel spiral staircase to second floor bedrooms, and up to private roof deck. Kitchens and baths on each floor. Extensive closet and storage areas throughout. Flexible floor plan provides abundant space for home offices and studio. Gallery-style radiant heated cement floors and central air. Open roof may be used for large space for late night entertaining or summer barbeque, green living, private garden and/or flexible solar panel system for solar power. Oversized 13-foot garage with automatic door to accommodate any vehicle. Updated in 2002 with renovations approved by city permits. Recent improvements include exterior waterproofing, new roof-deck steel railing, and new garage doors with aluminum panels and frosted glass.

Opportunity to convert into commercial retail use with garage as center entry accompanied by show window or owner-user as live/work space. Ideal for artists, art collectors, or musicians. Other options include medical or dental clinic, government or institutional use. Enjoy a unique business or lifestyle opportunity along with long-term appreciation in this sought-after Queens neighborhood in one of New York City's most dynamic urban growth areas.

Shown by appointment only.

Amenities

  • Abundant Closets
  • Central Air Conditioning
  • City View
  • Dishwasher
  • Eat in Kitchen
  • Garage
  • High Ceiling
  • Home Office
  • Investment Property
  • Live/Work
  • Loft
  • Private Entrance
  • Skylight
  • Skyline View
  • Walk In Closet
  • Washer/Dryer

Neighborhood

More listings: Long Island City

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.