45-44 VERNON Boulevard, New York City, NY 11101 (MLS # RPLU-5122943209)
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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.
| DAYS ON MARKET | 257 | LAST UPDATED | 12/2/2024 |
|---|---|---|---|
| TRACT | Hunters Point | YEAR BUILT | 1931 |
| COUNTY | Queens | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| PRICE HISTORY | |
| Prior to Dec 2, '24 | $5,000,000 |
|---|---|
| Dec 2, '24 - Today | $4,800,000 |
| ADDITIONAL DETAILS | |
| AIR | Ductless |
|---|---|
| AIR CONDITIONING | Yes |
| BASEMENT | Other, Yes |
| LOT | 2483 sq ft |
| LOT DIMENSIONS | 100.00x25.00 |
| STORIES | 3 |
| SUBDIVISION | Hunters Point |
| TAXES | 32724 |
| VIEW | Yes |
| VIEW DESCRIPTION | Other |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but not guaranteed.
This IDX solution is (c) Diverse Solutions 2024.