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Cathy Camille Mazurek
Douglas Elliman
Agent Photo
Cathy Camille Mazurek
Douglas Elliman
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    QueensHunters Point45-44 VERNON BOULEVARD

    45-44 VERNON BOULEVARD
    Hunters Point, Queens, NY 11101

    $5,000,000
    Sale Under Contract
     Get directions
     
    Tools
    Open House
    Size
    4
    Bedrooms
    4
    Full Baths
    1
    Partial Bath
    12
    Rooms
    5,000 Sq Ft.
    Interior
    100 X 25
    Exterior
    Financial
    $5,000,000
    Change Currency
    $2,525
    Monthly taxes
    $30,300
    Annual taxes
    Details
    Townhouse
    Property Type
    11121802
    Web Id
    602
    Days Posted

    Description

    45-44 VERNON BOULEVARD, Hunters Point, Queens, NY 11101

    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.

    Amenities

    • Washer / Dryer
    • Air Conditioning
    • Central Air Conditioning
    Price History View all +
    Date PriceVarianceType
    7/18/2024$5,000,000-Contract
    4/11/2024$5,000,000-Listed
    Listing By: Douglas Elliman via Data Source: RealPlus MLS


    Located at 45-44 VERNON BOULEVARD, Queens, New York 11101, Hunters Point neighborhood, this Townhouse is for Sale with a price of $5,000,000 USD. The property includes 4 bedrooms, has 4 full baths and 1 partial baths. This listing has 5,000 Sq.Ft. of interior space on a lot of 100 X 25. See all Homes for Sale in Hunters Point.
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    Douglas Elliman

    Cathy Camille Mazurek
    Cathy Camille Mazurek
    • Licensed Associate Real Estate Broker
    187 7th Ave
    Contact Agent
    Staging Information:
    a67341d43-2593-4d9a-99cf-f6b52579f588