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
3,474 Sq Ft
2,804 Sq Ft Exterior Space
Commercial
$20,916 Annual Tax
Built in 1967
MLS/Listing ID L3578582
6 Units
Listing Courtesy of ZEN PROPERTIES LLC, JALEELAH A. RAHIM - 718-650-8415
Source of Data: ONEKEY MLS