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$ 2,499,000
Est. payment /mo
Price Dropped by $10.0M
12002 Merrick BLVD Jamaica, NY 11434
8,176 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 917806
Rental Info No
Year Built 1930
Annual Tax Amount $12,572
Lot Size 8,176 Sqft
Acres 0.1877
Property Sub-Type Mixed Use
Source onekey2
Property Description
Great Development Opportunity – Residential & Commercial Mixed-Use - This is an excellent opportunity to develop a mixed-use property with significant potential. The site includes a proposed plan for four (4) three-family residential buildings and four (4) commercial spaces, offering a strong return on investment in a high-demand area.
Zoning: R5B / C1-3 - FAR: 2.0 - With approved plans - Property will be delivered vacant at closing. This project is ideal for developers looking to build multifamily residences with street-level commercial units in a well-zoned, growing neighborhood.
Zoning: R5B / C1-3 - FAR: 2.0 - With approved plans - Property will be delivered vacant at closing. This project is ideal for developers looking to build multifamily residences with street-level commercial units in a well-zoned, growing neighborhood.
Location
State NY
County Queens
Interior
Heating Hot Air
Cooling None
Fireplace No
Exterior
Utilities Available Electricity Available, Natural Gas Available
Building
Sewer Public Sewer
Water Public
Structure Type Block
Others
Special Listing Condition None
Listed by Elite Realty of USA Inc • Chandar Persaud
