THIS IS A WONDERFUL USER , INVESTMENT OR DEVELOPMENT OPPORTUNITY. THE OVERSIZED (40 X 119) LOT IS PERFECTLY POSITIONED WITH ALL DAY SUNNY SOUTHERN EXPOSURE IN THE HEART OF THE MASPETH RETAIL CORRIDOR. THE CURRENT PLOT CONFIGURATION INCLUDES A STRATEGICALLY PLACED 20 X 55 MIXED USE BUILDING CONSISTING OF A BEAUTIFULLY RENOVATED FIRST FLOOR OFFICE/STORE THAT INCLUDES A FULL BASEMENT WITH BOTH INTERIOR AND EXTERIOR ACCESS. THE SECOND FLOOR IS A SPACIOUS TWO BEDROOM RESIDENTIAL APARTMENT. COMMERCIAL PARKING GALORE WITH A CEMENTED 2,700 SF LOT AND A COMPLETELY DETACHED 900 SF EXTRA DEEP THREE CAR GARAGE. FROM A DEVELOPMENT PERSPECTIVE, THE COMBINED COMMERCIAL AND RESIDENTIAL ZONING (R6B, R4-1 & C1-2) WOULD ALLOW FOR A MULTITUDE OF POTENTIAL PROJECTS. AMAZING LOCATION WITH THREE NYC SCHOOLS WITHIN 1/4 MILE AND HIGH PROFILE NEIGHBORS INCLUDING STOP & SHOP, STARBUCKS, BURGER KING, TD BANK, CVS AND MAMY MANY MORE. FABULOUS TRANSPORTATION OPTIONS WITH MULTIPLE GRAND AVE BUS LINES AND CLOSE PROXIMITY TO THE QUEENS BOULEVARD SUBWAY LINE.