10-39 47th Ave, Long Island City, NY 11101

$2,500,000
2
BD
2
BA

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List Price
$2,500,000
Days on Market
4
Status
ACTIVE
MLS#
12008840
Bedrooms
2
Bathrooms
2
Full Baths
2

Property Description

Rare Long Island City Townhouse & Development Opportunity Located at 10-39 47th Avenue in the heart of Long Island City, this single-story, two-bedroom townhouse presents a unique opportunity for homeowners, investors, and developers alike. The existing residence features two bedrooms, a private backyard, and the potential to be renovated into a charming LIC home. For those looking to maximize the property's potential, the site offers approximately 5,000 buildable square feet, creating the opportunity to develop a new multifamily building. Whether you choose to renovate and create a private residence with outdoor space or pursue a ground-up multifamily development, the property offers exceptional flexibility in one of Queens' most desirable and dynamic neighborhoods. Highlights include: existing two-bedroom townhouse, private backyard, approximately 5,000 buildable square feet, renovation or redevelopment potential, and a prime Long Island City location.

Additional Information

Neighborhood
Long Island City

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Calculator source: Real Geeks

Listing courtesy of Dimitrios Kapelonis with GRAVITY REAL ESTATE ADVISORS LLC