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Key Details
Sold Price $1,700,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 3549154
Sold Date 10/01/24
Style Store+Dwell
Bedrooms 4
Full Baths 6
Originating Board onekey
Rental Info No
Year Built 1931
Annual Tax Amount $34,937
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions 26.08x125.08
Property Description
The Future is here! The Future is now! The future is Jamaica, Queens, New York City...Assemblage Begins here with 2 sister properties feet apart. The Parsons Blvd. subway entrance just seconds away...Now Zoned R7A. This has the potential for the right conglomerate to buy these buildings (why not buy the other nine buildings that form the L shape of this corner) & re-zone to a 40 story building. Extraordinary Investment Opportunity in the heart of the Commercial zone of Jamaica, Queens- Central To All! Nestled within the bustling enclave of Jamaica, Queens, this three story mixed-use building is located mid-block on one of the town's most commercial streets & within minutes of all modes of transport & shopping on either side! This rarely found type of property is an excellent investment opportunity as is, or has tremendous upside based on an R7A, C2-3, C1-2 zoning which will allow for up to 13,000 SF buildable! Don't miss out on this once in a lifetime opportunity!
Location
State NY
County Queens
Rooms
Basement Full, Walk-Out Access
Kitchen 4
Interior
Interior Features Eat-in Kitchen, Entrance Foyer, Living Room/Dining Room Combo, Storage
Heating Natural Gas, Hot Water
Cooling Window Unit(s)
Flooring Hardwood
Fireplace No
Exterior
Exterior Feature Private Entrance
Garage On Street
Fence Fenced
Parking Type On Street
Garage false
Building
Lot Description Near Public Transit, Private
Sewer Sewer
Water Public
Level or Stories Three Or More
Structure Type Brick
New Construction No
Schools
Elementary Schools Queens School For Leadership (The)
Middle Schools Ms 358
High Schools Hillcrest High School
School District Queens 28
Others
Senior Community No
Special Listing Condition None
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Bought with Coldwell Banker American Homes