114-64 Merrick BLVD Pending

Jamaica,NY 11434

$ 1129050

- Bed

4 Baths

- SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

MLS Listing ID KEYL3578582

Full Baths 2

Half Baths 4

Originating Board onekey2

Rental Info No

Year Built 1967

Annual Tax Amount $20,916

Lot Dimensions 25x112.17

Property Description

INVESTMENT OPPORTUNITY: Corner Mixed-Use Property on Merrick Blvd at 115th Avenue The property is 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 property feature commercial spaces on the ground floor and residential units above, providing diverse leasing options. This property is being sold "As-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., Additional information: Office Pct.:64,Rental Income:Y,vac_perc:32, Building Size:25 x 112.1700

Location

State NY

County Queens

Interior

Fireplace No

Exterior

Private Pool No

Others

Special Listing Condition None

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