45-44 VERNON Boulevard
MLS® #RLS20056699
Listing by Douglas Elliman Real Estate
4
Bedrooms
5.5
Baths
5,000
Sq. Ft.
1931
Year Built
Quick Summary
Property Highlights
- Views: Other
- Climate Control: Ductless
- Character: Pre-war building (1931)
Property Details
Description
- 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
Features & Amenities
Interior Features
Building Amenities
Appliances
Building Information
Financial Details
About Hunters Point
View All Hunters Point ListingsHunters Point offers a unique residential experience with a blend of urban convenience and local charm. The real estate market provides a variety of options for buyers seeking space, value, and a strong sense of community in one of New York City's evolving neighborhoods.
Hunters Point Live Market Data
View NeighborhoodActive Listings
12
Median Asking Price
$1.64M
Median $/Sqft
$1,504
Avg Days on Market
N/A
New This Week
1
Price Reduced
33%
Sold (30 Days)
0
Median Sale Price
$670K
Live data from RLS at REBNY • Updated 2/17/26, 7:49 PM EST
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45-44 VERNON Boulevard, Hunters Point, Queens County
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Listing Courtesy of Douglas Elliman Real Estate - JUAN E ROSA
Listing Contact: (646) 299-2096
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RLS Data display by Keller Williams NYC. Data last updated on 2/18/2026 at 12:49 AM UTC