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47-01 Vernon Boulevard - Long Island City, New York

Property Details:
  • 47-01 Vernon Boulevard - Long Island City, New York
  • Price: $7,250,000
  • Minimum Percent Down: 10%
  • Neighborhood: Long Island City
  • Commercial
  • Listing ID: 3005033

47-01 Vernon Boulevard - Long Island City, New York

Extremely rare opportunity to own a 15,000 BSF, mixed use, corner development site on coveted retail corridor Vernon Boulevard the epicenter of one of the fastest developing areas in New York.

Long Island City boast over 22,000 new residential units either releasing or in the development stages in close proximity to this site.

This property boasts 50 ft of frontage on Vernon Blvd and 100 SF of frontage on 47th Ave for a total of 150SF of corner PRIME RETAIL space.

Retail is now commanding upwards of $120-130 PSF making this a very strong investment for retail.

This property is ideal for a developer, end user, or investor with a keen eyes for vesting in a stake hold poised to be the "Bedford Avenue" of Queens. Join the ranks of other large retailers, Bare Burger, Tribeca Pediatrics, Mt. Sinai (ProHealth Dental), as well as Michelin Star Awarded Restaurants. Please contact the Exclusive Broker Alexander Pereira for further details.


This listing courtesy of Douglas Elliman

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575 MADISON AVENUE, NEW YORK, NY 10022. 212. 891.7000 © 2018 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE, THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY. CalBRE# 01947727