12002 Merrick Boulevard, Jamaica, NY 11434

$2,499,000

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List Price
$2,499,000
Price Change
▼ $10,000,000 1758937286
Days on Market
350
MLS#
917806
Status
ACTIVE
Property Type
Mixed Use
Year Built
1930
Property Tax
$12,572

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.

Additional Information

Acres
0.19
Heating
Hot Air
Cooling
None
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Chandar Persaud (bob4homes@yahoo.com) from Listing Office: Elite Realty of USA Inc.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.