120-02 Merrick Blvd - Specialty FOR SALE


Jamaica, NY 11434- South Jamaica
$2,499,000 USD
718-757-0938
120-02 Merrick Blvd, Jamaica, NY for Sale
$2,499,000 USD
Specialty - FOR SALE
1/1
null | Request Cap Rate

120-02 Merrick Blvd
Jamaica, NY 11434
South Jamaica


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,499,000 USD

PRICE/SF

$1,091 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

8,006 SF

ZONING

R5B / C1-3

APN/PARCEL ID

12392-0036

ASK ABOUT THIS PROPERTY

Chandar PersaudElite Realty of USAMore Info
718-757-0938

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Chandar PersaudElite Realty of USAMore Info
718-757-0938

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.