Updated 13 days ago
Off Market
50 Rooms14 Beds14 Baths16,000 Square FeetIncome Property
$7,850,000
floors / apts5 / 13
Lot Size50'x100'
Built Size50'x60'
ZoneM1-4
Building TypeLow-Rise
RE Taxes$152,332
Price Per SF
$491
Outdoor space and views
- Balcony
- Deck
- Skyline Views
Building Amenities
- Voice Intercom
- Elevator
- Laundry Room
- Roof Deck
Property Description for 10-43 47th Ave
A Unique Opportunity Available at CASALINO - Mixed-Use Commercial / Free Market Apartments in the Heart of Long Island City Introducing a rare offering at 10-43 47th Avenue — a masterfully designed, five-story mixed-use building encompassing approximately 16,000 square feet. Constructed in 2005 and meticulously maintained, this free-market property stands as a premier investment opportunity in one of New York City’s most rapidly appreciating neighborhoods. Strategically located just off Vernon Boulevard and moments from the waterfront promenade, the property is positioned on a tree-lined block with immediate access to the G, E, M, and 7 subway lines, the NYC Ferry, Long Island City LIRR, and the Ed Koch Queensboro Bridge — placing the entire city within effortless reach. Property Highlights: • 13 expansive, free-market residential apartments • Over 5,000 SF of flexible commercial space • Indoor parking garage with 7 spaces • Exceptional ceiling heights throughout • Rare outdoor spaces and terraces • Elevator access • Common rooftop with skyline views • State-of-the-art laundry and utility infrastructure Investment Potential: With a favorable unit mix, prime zoning, and a footprint that accommodates both income and lifestyle, 10-43 47th Avenue presents a generational opportunity for investors, 1031 exchange buyers, or institutions seeking to establish a long-term foothold in LIC’s thriving neighborhood. Contact Exclusive Agents To Schedule Viewing & Offering Memorandum
Building Details for 10-43 47th Ave
OwnershipIncome Property
Building TypeLow-Rise
Service LevelVoice Intercom
AgePost-War
AccessElevator
Year Built2005
Floors/Apts5/13
Transit and Citi Bike
Subway
21 St
0.13 miles
Vernon Blvd-Jackson Av
0.22 miles
Hunters Point Av
0.26 miles
Court Sq-23 St
0.33 miles
Court Sq
0.34 miles
Railroad
Hunterspoint AvenueLong Island Rail Road
0.32 miles
Long Island CityLong Island Rail Road
0.43 miles
Citi Bike
46 Rd & 11 St
0.05 miles
Vernon Blvd & 47 Rd
0.11 miles
Ferry
Long Island City
0.39 miles
Contact Agents
Contact Agents
Licensed As
Thomas Blaze Lattanzio
Associate Broker
License#:
10401213922
Company:
Nest Seekers International
Thomas Blaze Lattanzio
Nest Seekers International
Anna Maria Riccardi
Nest Seekers International
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: 103343TH
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