RealtyDepotNY
Cell: 347-219-2037
Fax: 718-896-7020

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!
| Location/Town | New York |
| Area/County | Queens |
| Post Office/Postal City | Jamaica |
| Prop. Type | Single Family House for Sale |
| Tax | $40,000.00 |
| Year Built | 1931 |
| Basement | Finished, Full |
| Construction | Brick |
| Total Units | 3 |
| Cooling | Electric |
| Heat Source | Oil |
| Util Incl | Electricity Connected |
| Days On Market | 6 |
| Units | 3 |
| Listing information courtesy of: Exit Realty DKC | |