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120-02 Merrick Blvd 2,290 SF Specialty Building Offered at $2,499,000 in Jamaica, NY 11434
EXECUTIVE SUMMARY
Great Development Opportunity – Residential & Commercial Mixed-Use - This is an excellent opportunity to develop a mixed-use property with
significant potential. The site includes a proposed plan for four (4) three-family residential buildings and four (4) commercial spaces, offering a
strong return on investment in a high-demand area. Zoning: R5B / C1-3 - FAR: 2.0 - With approved plans - Property will be delivered vacant at
closing. This project is ideal for developers looking to build multifamily residences with street-level commercial units in a well-zoned, growing
neighborhood.
significant potential. The site includes a proposed plan for four (4) three-family residential buildings and four (4) commercial spaces, offering a
strong return on investment in a high-demand area. Zoning: R5B / C1-3 - FAR: 2.0 - With approved plans - Property will be delivered vacant at
closing. This project is ideal for developers looking to build multifamily residences with street-level commercial units in a well-zoned, growing
neighborhood.
PROPERTY FACTS
| Price | $2,499,000 | Lot Size | 0.18 AC |
| Price Per SF | $1,091.27 | Building Size | 2,290 SF |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1930 |
| Zoning | R5B / C1-3 - (low-density residential) often combines with C1-3 commercial overlays, | ||
| Price | $2,499,000 |
| Price Per SF | $1,091.27 |
| Sale Type | Investment |
| Property Type | Specialty |
| Lot Size | 0.18 AC |
| Building Size | 2,290 SF |
| No. Stories | 1 |
| Year Built | 1930 |
| Zoning | R5B / C1-3 - (low-density residential) often combines with C1-3 commercial overlays, |
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Walk Score®
Very Walkable (84)
Transit Score®
Excellent Transit (78)
PROPERTY TAXES
| Parcel Number | 12392-0036 | Improvements Assessment | $57,870 |
| Land Assessment | $58,950 | Total Assessment | $116,820 |
PROPERTY TAXES
Parcel Number
12392-0036
Land Assessment
$58,950
Improvements Assessment
$57,870
Total Assessment
$116,820
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120-02 Merrick Blvd
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