Sold

5 -50 46th Road NA

Queens NY, 11101

$2,500,000


$781.25 per sqft

Sold

7 Beds

4 Baths

3,200 sqft

Town House

Built in 1910

A truly extraordinary opportunity offering two double story buildings on a 25' x 100' lot separated by a 25' x 30' courtyard patio area. Each building is independently operated with separate furnaces and each apartment is separately metered. All 3 units are free market and will be delivered vacant. The owner's unit is the entire rear building - a duplex with 3 bedrooms with a full bath plus a half bath on the entry floor level. There is a full dry basement under each building with standing head room which can be finished. Heating systems have been upgraded and there is a new roof on the front building installed in 2020 with a transferable warranty. The exterior of these buildings match each other with modern vinyl clapboard siding. All windows are new replacement double hung sash on sash style replaced in 2020 and the front street side windows have decorative shutters.

The lot is in an M1-4 zone which allows for live/work or commercial and light manufacturing. The front building can be converted into a workshop and/or retail space while maintaining the rear building for residential use. This is truly a unique opportunity for an investor or live/work or live with income. There is also unused FAR of 1849 sq ft which would allow for expansion and the possibility of adding another floor to each building.

This location is also brilliant, just off Vernon Blvd and ripe with new developments. Burgeoning as the newest hot neighborhood in NYC. Restaurants, bars and shopping abound. Access to public transportation is also convenient with the 7, E, M, G in addition to being 2 block from Anabel Basin, Gantry Plaza State Park, Hunters Point South Park and the NY Waterways Ferry terminal servicing ports up and down the East River on both the Manhattan and Brooklyn waterfronts. The LIRR LIC station and the Court Sq stations are only a few blocks away.

RPLU-5122344441

MLS ID

February 3, 2024

Listed

October 3, 2024

Updated

Map

5 -50 46th Road NA
Queens NY, 11101

Interior Features

Total Stories

2


Bedrooms

7


Total Bathrooms

4


Full Bathrooms

3


Half Bathrooms

1


Appliances

Washer Dryer Allowed


Laundry Description

Building Other, In Unit


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.06 Acres

Other Property Details

Taxes

$6,384


Tax Frequency

Annually


Garage

No


View

No


View Description

Other


County

Queens


Pool

No

Listing History

Date

Event

Price

10/3/2024

Price change

$2,500,000

-13%

10/3/2024

Sold

$2,500,000

3/4/2024

Pending

2/19/2024

Price change

$2,850,000

-5%

Listed by Richard Balzano with Douglas Elliman Real Estate
Listing Contact: (917) 449-0181 

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the “RLS”). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024  The Real Estate Board of New York, Inc., All rights reserved

Data last updated on 10/3/2024 at 1:41 PM UTC

 

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