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Commercial Sale in Jamaica, New York, Queens, NY 11435 | Web ID: 849915 | $9,500,000

 
Commercial Sale in New York - Cresskill Place  Queens, NY 11435Commercial Sale Cresskill Place  Queens, NY 11435, MLS-849915-2Commercial Sale Cresskill Place  Queens, NY 11435, MLS-849915-3Commercial Sale Cresskill Place  Queens, NY 11435, MLS-849915-4Commercial Sale Cresskill Place  Queens, NY 11435, MLS-849915-5Commercial Sale Cresskill Place  Queens, NY 11435, MLS-849915-6Commercial Sale Cresskill Place  Queens, NY 11435, MLS-849915-7Commercial Sale Cresskill Place  Queens, NY 11435, MLS-849915-8Commercial Sale Cresskill Place  Queens, NY 11435, MLS-849915-9Commercial Sale Cresskill Place  Queens, NY 11435, MLS-849915-10Commercial Sale Cresskill Place  Queens, NY 11435, MLS-849915-11Commercial Sale Cresskill Place  Queens, NY 11435, MLS-849915-12Commercial Sale Cresskill Place  Queens, NY 11435, MLS-849915-13Commercial Sale Cresskill Place  Queens, NY 11435, MLS-849915-14Commercial Sale Cresskill Place  Queens, NY 11435, MLS-849915-15Commercial Sale Cresskill Place  Queens, NY 11435, MLS-849915-16Commercial Sale Cresskill Place  Queens, NY 11435, MLS-849915-17Commercial Sale Cresskill Place  Queens, NY 11435, MLS-849915-18
 

Property Description

9503 & 9507 Cresskill Place Jamaica, Queens 8 Free Market Units 2 Buildings Zoning Upside Strong In-place Income Two Adjacent Four-unit Buildings Offered As A Package In A Quiet, Residential Pocket Of Jamaica, Queens. This Well-maintained, Income-producing Portfolio Includes 8 Free Market Residential Units-delivered Occupied-great For Long-term Stability, Future Repositioning, Or Redevelopment. 9503 Cresskill Place Features Four Units Ranging From Approx. 597-723 Sq Ft With A Mix Of One- And Two-bedroom Layouts. Units Include Windowed Kitchens, Generous Living Areas, And Ample In-unit Storage. 9507 Cresskill Place Four Additional Units Including Layouts Up To 1, 163 Sq Ft. Select Residences Feature Oversized Living Rooms, Dedicated Dining Areas, And Multiple Exposures. One Unit Spans Nearly 40 Feet Across, Offering Townhouse-style Proportions. The Properties Have Been Well Maintained And Held By Long-term Ownership. Current Rent Roll Available Upon Request. Zoning: R5a Lot Size: 5, 250 Sq Ft Zoning Allows For An Additional Two Stories Of Development With Potential To Expand To Just Over 10, 806 Buildable Square Feet (confirm All Details With An Architect). Downtown Jamaica Is A Vibrant Hub In Queens, Known For Its Bustling Retail District, Diverse Shopping, And Strong Sense Of Community. From Major Retailers To Local Businesses, The Area Offers Everything You Need-and More. York College Anchors The South Side With A Tree-lined Campus, Ample Parking, And Great Public Transit Access. Residents Enjoy Nearby Museums, Parks, Fitness Centers, And Movie Theaters. The Lirr And Multiple Subway Lines Make Commuting To Manhattan And Beyond Fast And Convenient. With Ongoing High-rise Development, Downtown Jamaica Is On The Rise As A Dynamic Place To Live, Work, And Explore. This Is A Rare Opportunity To Acquire Two Turnkey, Free Market Assets With Existing Cash Flow And Clear Upside In A Rapidly Growing Pocket Of Queens.

Property Information

Location/Town New York
Area/County Queens
Post Office/Postal City Jamaica
Prop. Type Commercial Sale
Tax $20,400.00
# Stories 2
Year Built 1931
Basement Finished, Full
Construction Brick
Total Units 8
Lot SqFt 5,250
Cooling Wall/Window Unit(s)
Heat Source Natural Gas
Util Incl Cable Available, Electricity Available, Natural Gas Available
Condition Actual
Days On Market 2
Parking Features Detached, Driveway
Units 8
Listing information courtesy of: Corcoran

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