Overview

Summary

  • Asking Price Submit Offers
  • Address 45-10 & 45- 24 Vernon Boulevard
  • Lot SF 51,720 SF
  • Neighborhood Hunters Point / Long Island City

Avison Young, as exclusive agent, is pleased to present the opportunity to acquire 45-10 & 45-24 Vernon Boulevard (the “Site”), a premier waterfront development assemblage positioned at the intersection of Anable Basin and Vernon Boulevard in Long Island City, Queens, the epicenter of New York City’s most consequential neighborhood rezoning in over two decades.


The Site comprises two contiguous tax lots totaling 51,720 square feet of land with exceptional tri-frontage exposure: 190 feet of direct Anable Basin waterfront, 285 feet along Vernon Boulevard, and 75 feet along 45th Avenue. Under the newly enacted OneLIC M1-6A/R9 (MIH) the Site allows for 466,515 ZSF of as-ofright development density. Under OneLIC rezoning MIH option one is required, which would result in approximately 116,629 ZFA of MIH. 

Irreplaceable Waterfront Positioning

As-of-Right — No Rezoning Risk

Exceptional Site Scale & Visibility

Explosive LIC Population & Growth
Market in Structural Imbalance

Unmatched Transit Connectivity

$1.97B Public Sector Catalyst Already Committed

High-Income, Ownership-Ready Demand Base

Team

Brandon Polakoff

Brandon Polakoff

Principal, Head of NYC Investment Sales
Avison Young - US - NY - New York
James Nelson

James Nelson

Principal, Head of U.S. Investment Sales
Avison Young - US - NY - New York
Erik Edeen

Erik Edeen

Principal, Senior Director of U.S. Investment Sales
Avison Young - US - NY - New York
Fritz Richter

Fritz Richter

Director
Avison Young - US - NY - New York
Patrick Madigan

Patrick Madigan

Director
Avison Young - US - NY - New York
Joseph Moran

Joseph Moran

Associate Director
Avison Young - US - NY - New York
Miles Davis-Bosch

Miles Davis-Bosch