Updated 4 months ago
Off Market
45-44 Vernon Blvd
Long Island City, Queens | 45th Road & 46th Ave
18 Rooms4 Beds4.5 Baths5,000 Square FeetMixed Use
$4,700,000
floors / apts3 / 5
Lot Size24'8"x100'
Built Size25'x50'
ZoneR6A
Building TypeTownhouse
RE Taxes$35,338
Price Per SF
$940
Building Amenities
- Voice Intercom
Property Description for 45-44 Vernon Blvd
- VIRTUAL TOURS AVAILABLE
- ZONING UPGRADE - OneLIC
- INVESTMENT OR REDEVELOPMENT OPPORTUNITY
- MIXED USE - FIVE UNIT BUILDING
Located in the heart of Hunters Point with frontage on Vernon Boulevard, this mixed-use property features a fully renovated four-unit apartment building and a flexible retail space. The four free-market one-bedroom apartments are all leased at market rates. The retail component offers 2,500 SF of flexible space with an additional 1,250 SF basement. The building sits on a 25' x 100' lot within R6A, C1-5 zoning and a FAR of 3. The existing building is approximately 5,000 SF and still has 2,500 buildable that can be applied as it stands. With the proposed OneLIC plan this will increase to 5,000 additional buildable SF.
The building is accessible via the E, G, M, and 7 train lines along with the LIE. It is also conveniently located just steps away from the Gantry Plaza State Park, Murray Park, along with all the major restaurants, shops, and supermarkets that LIC has to offer. This is an excellent opportunity for investors, 1031 exchange buyers, or developers looking to capitalize on the potential of the OneLIC Neighborhood Plan.
OneLIC Rezoning (approved):
The OneLIC Neighborhood Plan unlocks major redevelopment potential in Long Island City, proposed the rezoning of 54 blocks to allow for approximately 14,700 new housing units. This property is located within the rezoning area, which increased the allowable FAR from the current 3.0 to 4.6. As a result, the buildable square footage rose from approximately 7,500 to over 11,500 square feet.
For more information regarding OneLIC planning, please visit their website: licplan.nyc
Listing History for 45-44 Vernon Blvd
Now
05/01/2026
Expired by Juan Rosa
Douglas Elliman
03/25/2026
$4,700,000 [-$500,000] [9.6%]
Price Drop by Juan Rosa
Douglas Elliman
Building Details for 45-44 Vernon Blvd
OwnershipMixed Use
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1931
Floors/Apts3/5
Transit and Citi Bike
Subway
21 St
0.26 miles
Vernon Blvd-Jackson Av
0.31 miles
Court Sq-23 St
0.36 miles
Hunters Point Av
0.39 miles
Court Sq
0.4 miles
Railroad
Hunterspoint AvenueLong Island Rail Road
0.45 miles
Long Island CityLong Island Rail Road
0.47 miles
Citi Bike
46 Ave & 5 St
0.09 miles
46 Rd & 11 St
0.14 miles
Ferry
Long Island City
0.27 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: 95433TH
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