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114-64 Merrick Boulevard Jamaica, NY 11434
$1,129,050
  • Commercial
  • 2 Full Baths
  • 4 Half Baths
  • 3474 SqFt
  • Year Built 1967
  • Mixed Use
  • ML# 3578582

Property Details

Overview

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

Key Facts

  • SqFt: 3474.00
  • Lot Sq Ft: 2804
  • Taxes: $20,916
  • Sale or Rent: Sale
  • Zoning: R5B
  • Block: 12334
  • Lot: 327

Additional Features

Rooms & Floor Plans

  • Full Bath: 2
  • Half Bath: 4

Financial

  • Taxes: $20,916
Listing Information provided courtesy of ZEN Properties LLC  718-650-8415
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