Jamaica NY, 11434
$1,129,050
Mixed Use
Commercial
, 2 Full Bath
, 4 Half Bath
, 3474 SqFt
Details
ML#: 3578582
- # of Families: 6
- Sale or Rent:Sale
- Year Built: 1967
- Taxes: $20,916
- Status:Active
Description
INVESTMENT OPPORTUNITY: Corner Mixed-Use Property on Merrick Blvd at 115th Avenue The property is zoned C2-4/R6A, suitable for a range of mixed-use developments, including residential and commercial use. Both properties benefit from a prime location on Merrick Blvd, a major commercial corridor in Jamaica, Queens. They are close to major highways and public transportation, offering high visibility and convenience for both residential and commercial tenants. The property feature commercial spaces on the ground floor and residential units above, providing diverse leasing options. This property is being sold As-Is, partially occupied, generating rental income with opportunities for future value increases through renovations or reconfiguration of the spaces. The area is undergoing significant growth, enhancing the long-term investment potential., Additional information: Office Pct.:64, Rental Income:Y, vac_perc:32, Building Size:25 x 112.1700
More Property Details
Full Bath: 2
Half Bath: 4
Lot Sq Ft: 2804
Approx. Int. Sq. Ft.: 3474.00
Taxes: $20,916
Zoning: R5B
Block: 12334
Lot: 327