Commercial Queens

$5,000,000
  • 4 Beds
  • 4 Baths
  • 5,000 sqft
  • $1,000/sqft
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
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.

  • Listed Apr 13
  • Views 7
  • Saves 2

In Detail

Features

  • Waterfront
  • Panoramic / Scenic View
  • Investment Property
  • Office
  • 2D Floor Plan
  • Washer Dryer

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Douglas Elliman - New York
4 years with JamesEdition

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45-44 VERNON BLVD, New York, New York, United States. See on Google Maps
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About the Building

  • Year built

    1931

  • Floors

    3

  • Property type

    Apartment

Douglas Elliman - New York
4 years with JamesEdition

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Registered on JamesEdition

2020

Address

New York, New York, United States

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Listing Reference

22943209
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