Updated 3 years ago
Sold
21-42 45th Road
Long Island City, Queens | 21st Street & 23rd Street
15 Rooms9 Beds3 Baths4,500 Square FeetMulti-Family
$3,245,000
floors / apts3 / 3
Lot Size25'x100'
Built Size25'x60'
ZoneM1-4
Building TypeHouse
RE Taxes$10,214
Price Per SF
$721
This property was sold for $3,245,000 on 05/01/23.
Listing Features
- Original Details
Property Description for 21-42 45th Road
Welcome to 21-42 45th Road a beautifully maintained three-family in prime Long Island City. The property is currently configured as three, full-floor units with a fully finished basement. Each unit features hardwood floors, oversized ceilings, and original details that have been meticulously maintained throughout the years. It was originally built in 1891 and still has much of its original charm.
This property can easily be turned into a grandiose single family, kept as an end user three family and have over 15K of income every month, or turned into high end rentals that could generate as much as 23K a month,
On the same Block they did craftsmen condominiums where they made them into 6 unit buildings, about 5,000 square feet. The whole sell out came out to roughly about $1300 per foot or a total of $6,250,000.
The building is a sprawling 4,500sf (25ftx60ft) and sits on a 25ft x 100ft lot with M1-4/R6B Zoning. It is conveniently located just steps from the 7, G, E, and M subway trains as well as numerous restaurants and cafes. The property will be delivered vacant. Please reach out for any additional questions or to schedule a showing.
Listing History for 21-42 45th Road
Now
05/01/2023
$3,245,000
Sold and Closed by Erion Ahmetaj
Compass
03/01/2023
Contract Signed by Erion Ahmetaj
Compass
Building Details for 21-42 45th Road
OwnershipMulti-Family
Building TypeHouse
AgePre-War
AccessWalk-up
Year Built1891
Floors/Apts3/3
Transit and Citi Bike
Subway
Court Sq
0.07 miles
Court Sq-23 St
0.1 miles
21 St
0.24 miles
Hunters Point Av
0.32 miles
Queensboro Plaza
0.43 miles
Railroad
Hunterspoint AvenueLong Island Rail Road
0.28 miles
Citi Bike
Davis St & Jackson Ave
0.06 miles
Jackson Ave & 46 Rd
0.09 miles
Long Island City | Queens
Quick Profile
Long Island City, the name does sound a little far away, like it requires a lengthy drive to get to. Think, again. Long Island City, also known as LIC, is nestled in the western corner of Queens along the East River. Midtown Manhattan is closer to Long Island City than it is to downtown Manhattan.
LIC is bordered by Sunnyside to the east, the East River to the west, Astoria to the north, and Newton Creek which separates Queens from Greenpoint Brooklyn to the south.
A once-shabby manufacturing epicenter, the neighborhood is a mix of industrial, commercial and residential. In recent years it’s seen a rise in some seriously cool factors. Populated by young professionals, multi-ethnic immigrants, and hipsters, LIC has a happening nightlife scene, fantastic restaurants (some of them Michelin starred), art museums and galleries. Much of the waterfront access has been redeveloped into sustainable public green spaces with modern design.
Although much of the industrial / manufacturing companies have since left LIC, many still reside there. They tend to co-exist with new residential building development the same way they do in other neighborhoods like Williamsburg and Greenpoint.
Office building developers and business tenants play a vital role in LIC too. It’s considered New York City’s fourth central business district next to Midtown, downtown Manhattan and downtown Brooklyn.
As you traverse the streets of LIC, you’ll notice the change from block to block. Industrial warehouses on one block, a bustling Main Street, followed by a park block with sleek luxury high-rise buildings. It’s all part of the LIC vibe.
For a small neighborhood, the transportation links are excellent. For starters, you just can’t beat living one subway stop from Manhattan (7 train). Other train lines include E, M, R, N, Q, and the G lines. There are also less conventional methods of transportation like the NYC Ferry, which offers three ferry landings. There is no shortage of CitiBike’s in LIC either. Many folks commute to work by way of cycling over the Queensboro Bridge.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 87411TH
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