Homes for sale - 45-44 VERNON Boulevard, Queens, NY 11101

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DEXTER PHILLIP

dexter.phillip@exprealty.com +1(917) 809-9210

Listing Courtesy of Douglas Elliman Real Estate

$ 4,800,000

Est. payment | -/mo

4 Beds

5 Baths

5,000 SqFt

Save

$ 4,800,000

Est. payment | -/mo

Save

4 Beds

5 Baths

5,000 SqFt

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 5,000 sqft

Price per Sqft $960

Subdivision Hunters Point

MLS Listing ID RPLU-5122943209

Bedrooms 4

HOA Y/N No

Year Built 1931

Annual Tax Amount $32,724

Property Description

Investment Opportunity: 4-Unit Apartment Building with Retail Space in Hunters Point, NY Welcome to 45-44 Vernon Boulevard, an exceptional investment opportunity in the vibrant Hunters Point neighborhood of New York. This property, offered for the first time in a generation, consists of a four-unit boutique apartment building paired with a retail space, all situated on a 25' by 100' lot. All apartments are free market and fully rented at market rates, providing a consistent rental income stream. Additionally, the retail space, though leased through December 2025, can be delivered vacant, offering flexibility for potential new owners to explore various commercial opportunities. Each of the four spacious 1-bedroom, 1-bath units is meticulously designed to offer comfortable living. Featuring well-appointed kitchens, inviting living areas, and well appointed bathrooms. The ground-floor retail space also presents an excellent opportunity for diverse business ventures. Located on vibrant Vernon Boulevard, this property enjoys high visibility and foot traffic, ensuring maximum exposure for any retail business. Hunters Point's thriving atmosphere, with trendy restaurants, shops, and cafes, adds to the appeal, attracting both residents and customers to the retail space. Nearby parks and waterfront areas offer recreational opportunities and stunning views of the city skyline. With its strategic location, transportation is convenient with nearby subway stations, ferry terminal, bus routes, and major highways facilitating easy access to Manhattan and other boroughs, including just one stop to Grand Central Station on the #7 Subway. Whether you're a seasoned investor or seeking a property with multiple income streams, 45-44 Vernon Boulevard presents an enticing opportunity. Capitalize on the current rental income and explore the potential of the retail space. Don't miss out on this chance to invest in a thriving neighborhood and maximize your returns. Contact us today to learn more and arrange a viewing of this remarkable property.

Location

State NY

County Queens

Rooms

Basement Other

Interior

Cooling Ductless

Fireplace No

Appliance Washer Dryer Allowed

Laundry Building Other, Washer Hookup, In Unit

Exterior

View Y/N No

View Other

Porch None

Private Pool No

Building

Dwelling Type Mixed Use

Story 3

New Construction No

Others

Pets Allowed Pets Allowed

Ownership None

Monthly Total Fees $2, 727

Special Listing Condition Standard

Pets Allowed Building Yes, No

RLS Data display by eXp Realty

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+1(917) 809-9210

dexter.phillip@exprealty.com

104 West 40th Street 4th Floor, New York, NY, 10018, USA

45-44 VERNON Boulevard Queens, NY 11101