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$ 1,129,050
Est. payment | /mo
4 Baths
$ 1,129,050
Est. payment | /mo
4 Baths
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Pending
Purchase Type For Sale
MLS Listing ID KEYL3578582
Full Baths 2
Half Baths 4
Originating Board onekey2
Rental Info No
Year Built 1967
Annual Tax Amount $20,916
Lot Dimensions 25x112.17
Property 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
Location
State NY
County Queens
Interior
Fireplace No
Exterior
Private Pool No
Others
Special Listing Condition None
Listed by ZEN Properties LLC