Share This Listing

Message

959 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

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.

Property Facts

Price $2,499,000
Price Per SF $1,091.27
Sale Type Investment
Property Type Specialty
Building Class C
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,
Very walkable
80/100
Moderately drivable
70/100
Exceptional public transit
100/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
12392-0036
Land Assessment
$58,950
Improvements Assessment
$57,870
Total Assessment
$116,820
  • Listing ID: 39017719

  • Date on Market: 1/8/2026

  • Last Updated:

  • Address: 120-02 Merrick Blvd, Jamaica, NY 11434

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}