45-44 Vernon Boulevard Queens, NY $ 5,000,000
45-44 Vernon Boulevard
$ 5,000,000
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45-44 Vernon Boulevard

Queens, NY, 11101
$ 5,000,000
Bedrooms4 Baths4.1 Sq 5,000

Monthly Estimate*

$ 33,232

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Single Family Home for sale in Queens, NY for $5,000,000 with 4 bedrooms and 4 full baths, 1 half bath. This 5,000 square foot home was built in 1931.

Investment Opportunity: 4-Unit Apartment Building with Retail Space in Hunters Point, NYWelcome 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.

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Single Family Active

Price

$ 5,000,000

Bedrooms

4

Full Bath

4

Half Bath

1

Property Type

Single Family

Taxes

$ 30,300

Style

MixedUse

Year Built

1931

Town/City

Queens

County/Region

QUEENS

MLS | Web ID

RPLU5122943209

Features
General
Cooling Ductless
Appliances WasherDryerAllowed
Garage Spaces 0.0
Patio/Porch Features None
Pets Allowed BuildingYes No
Year Built 1931
View Other
Property SubType MixedUse
County Queens
New Construction No
Property Type Residential
Subdivision Name Hunters Point
Garage Y/N No
Building Features GreenBuilding
Total Rooms 12
City NewYorkCity
View Y/N No
Total Units 5
Street Name VERNON
Land Lease Y/N No
Tax Annual Amount 30300.0
Structure Type MixedUse
Building Area Units SquareFeet
Standard Status Active
Tax Lot 0002
Expected Active Date 2024-04-12
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Interior
Basement Other
Total Stories 3
Basement (Y/N) Yes
Air Conditioning Y/N Yes
Fireplace Y/N No
Full Baths 4
Half Baths 1
Street Suffix Boulevard
Laundry Features BuildingOther WasherHookup InUnit
Total Bedrooms 4
Entry Level 1
Total Baths 5
Living Area Units SquareFeet
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Exterior
Lot Size Area 2500.0
Building Area Total 5000.0
Lot Dimensions 100.00x25.00
Lot Size Units SquareFeet
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* Excluded Features
List By
Richard Balzano

Listing Agent

Douglas Elliman Real Estate

Broker

(917) 449-0181

Phone

Affordability Calculator

$35,757
Per Month
93%
7%
0%
Monthly Principal & Interest
$33,232
Monthly Property Taxes
$2,525
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1503813 Elementary School
1503814 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/12/2024$5,000,000 Listed Price

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45-44 Vernon Boulevard, Queens, NY, 11101 is a Single Family Home for sale at $5,000,000 with 5,000 sqft. 45-44 Vernon Boulevard has 4 bedrooms, 4.1 baths, and was built in 1931. The property's zip code is 11101 which is in Queens, NY