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For SaleLuxury

$2,499,000

389 days on market

12002 Merrick Boulevard

Jamaica, NY 11434

· 8% down, 7% APR, 30yr fixed

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Beds

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Baths

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Square feet

1930

Built

Listing narrative

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.

Listing agent (MLS): Chandar Persaud · Listing brokerage (MLS): Elite Realty of USA Inc

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$2,499,000

Beds

Beds n/a

Type

Commercial

MLS subtype

Mixed Use

Home Size

Sqft n/a

Baths

Baths n/a

Lot Size

0.19 acres

Year

1930

Status

For Sale

Days on Market

389

· 8% down, 7% APR, 30yr fixed
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Courtesy of Elite Realty of USA Inc