New Listing - 09/13/2024
Price History
$1,129,050
9/13/2024
$1,241,955
9/14/2024
114-64 Merrick Boulevard, Queens, (Jamaica), NY, 11434
INVESTMENT OPPORTUNITY: Corner Mixed-Use Property on Merrick Blvd with Potential to Be Sold with Neighboring Lot 114-64 Merrick Blvd can be sold individually or as a package with the neighboring lot at 114-62 Merrick Blvd. Combined, the two contiguous lots offer a total lot area of 4,982 SQFT (44 x 112 feet). The properties are 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 properties feature commercial spaces on the ground floor and residential units above, providing diverse leasing options. 114-64 Merrick Blvd is being sold "As-Is" and 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 of the properties.
Status:
Active
Town:
Queens
Type:
Commercial
Acreage:
0.06
Current Use
Commercial, Food Service, Mixed Use, Office, Residential, Retail
MLS #:
3578582
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of ZEN Properties LLC 718-650-8415