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Single Family House for Sale in Jamaica, New York, Queens, NY 11435 | Web ID: 845183 | $2,750,000

 
Single Family in New York - 88  Queens, NY 11435Single Family 88  Queens, NY 11435, MLS-845183-2
 

Property Description

For Sale – Prime Development Opportunity In Jamaica, Queens! Two Adjacent 3-family Homes At 148-49 & 148-47 88th Ave, Jamaica, Ny 11435 (mls #845183 & #845201). These Properties Are Located On A Combined 6, 000 Sqft Corner Lot With R7a Zoning, Providing Excellent Development Potential For Builders, Investors, Or Developers Looking For High-return Properties In A Fast-growing Area. These Two Properties Generates $35, 000/month In Rental Income, Totaling $420, 000/yearly, Making This A Fantastic Income-producing Investment. The Corner Lot Offers Excellent Visibility And Access, And The Properties Are Positioned In A Prime Location Near Public Transportation, Highways, Shopping Centers, And Schools. With R7a Zoning, These Properties Allow For High-density Residential Or Mixed-use Development, Offering Significant Upside For Future Redevelopment Or Expansion. The Demand In The Area Is Growing, And This Is A Rare Chance To Acquire Two Adjacent Properties With Substantial Rental Income And Tremendous Future Potential. This Opportunity Won’t Last Long!

Property Information

Location/Town New York
Area/County Queens
Post Office/Postal City Jamaica
Prop. Type Single Family House for Sale
Tax $42,000.00
Year Built 1931
Basement Full
Construction Brick
Cooling Wall/Window Unit(s)
Heat Source Oil
Util Incl Electricity Connected, Natural Gas Available
Days On Market 6
Listing information courtesy of: Exit Realty DKC

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Tel: 718-896-0777
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Fax: 718-896-7020

 

 

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