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Jamaica NY, 11434 $1,129,050

Mixed Use Commercial  

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Details ML#: 3578582  

  • Business Type: Commercial, Food Service, Mixed Use, Office, Residential, Retail
  • 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.

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Property Features

Lot Size: 0.06   Lot Sq Ft: 2804  

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