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21 45th Avenue
Townhouse in Hunters Point •  building info
6bd • 3ba • 2,228ft² $1,005 per ft²
Sold price

$2,240,000

Key Details
Days on market
585
Last price change
loading...
Estimated payment
$19,802
Taxes
$7,060
Monthly maintenance
N/A
Description
DEAL FELL THROUGH - BACK ON MARKET! Video tour available - contact Seller's BrokerHUNTERS POINT HISTORIC DISTRICT This four-story row house is located at the eastern portion of the renowned Hunter's Point Historic District block in Long Island City, Queens. This spectacular row of circa 1870 townhouses compromises one of the finest collections of intact, mostly Italianate, row houses in all of New York. Time Out Magazine recently cited it as the third most beautiful block in the entire city, and a picture of it appeared on the cover of New York Magazine behind the headline"Long Island City: The Next Hot Neighborhood". The Long Island City area, which is currently undergoing a tremendous real estate boom, is located one subway stop from midtown Manhattan, and is well-served by four subway lines: the E, M, 7, & G. You can be in Grand Central Terminal in ten minutes and the Citicorp building on Lexington Avenue in five minutes. Tax rates in the neighborhood are very low, and the aesthetic pleasures of the tall London Plane trees, open city views, and peaceful ambiance one finds on the block make it a pleasure to come home. And so convenient. The neighborhood is tremendously vibrant with new restaurants, cafes, and the like opening nearly every month. The largest indoor climbing facility in the city, The Cliffs in LIC, is a block away, and you're three blocks from the famous PS1 Contemporary Art Museum. You're about four blocks from the new Long Island City waterfront, too, with its brand new and architecturally distinguished Public Library, and new waterfront Parks at Hunter's Point South. There's Ferry Service, CitiBike Stations, and Revel Scooters available, too. 21-49 45TH AVENUE: THE PROPERTY Listings in the Hunter's Point Historic District block are few and far between, especially for a Two-Family house that will be delivered vacant. The house is 16.5' wide, and 36' deep with four stories, with an interior square footage of approximately 2,228 sf. The lot is 100' deep and the FAR is 2, which means there is approximately 1,072 square feet of un-used development, or "air rights" available for the new owner to expand the building's interior size. There are some restrictions of course, due to the location within a Historic District, but several of the houses on the block have been built-out to full size. As it stands now there is a back yard that is 64' deep, waiting for a gardener's touch. The house is four stories, with a full basement. The lowest floor, or Garden Level, is a foot or so below grade but is as much a part of the interior space as the rest of the house and contains a front room, a back room, a full bath, and an extension into the back yard. The Parlor Level contains two Bedrooms at present and could be converted to Living and Dining Rooms. The Third Level contains two Bedrooms, a full Bath, and a possible small bedroom or study. The Top Floor contains two Bedrooms, a full bath, and a Kitchen. This is a beautiful block in a most favorable location, and bears comparison with the best of Brownstone Brooklyn, and Greenwich Village. Come and see for yourself!

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History
What it'll cost
Purchase price
$2,240,000
Asking Price: $2,240,000
Term
30 Years
Down Payment
$224,000 (10%)
Min: 10% (224,000)
Rate
6.5 %
Mortgage Amount
$2,016,000
Mortgage Payment
$12,742
Taxes
$7,060
Estimated closing cost
$83,000
Total monthly cost $19,802
Listing Courtesy of Brown Harris Stevens

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