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Development Site 14313 95th Ave 2 Unit Apartment Building $1,050,000 ($525,000/Unit) Jamaica, NY 11435

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Executive Summary

Central Jamaica location. 5 Minute walk to JFK AirTrain, E, J, Z trains and LIRR. 20 minutes to Midtown Manhattan via LIRR Penn Station or Grand Central. 20 Minutes to Atlantic Terminal, Brooklyn via LIRR. Currently a duplex sits on the 1,933 square foot lot. However, could be redeveloped for a variety of uses. C6-2 zoning, R8 equivalent. FAR 6 resulting in 11,598 sq. ft. buildable space. Property next door also available for assemblage.

Property Facts

Price	$1,050,000	Building Class	C
Price Per Unit	$525,000	Lot Size	0.04 AC
Sale Type	Investment	Building Size	1,236 SF
Sale Condition	Redevelopment Project	No. Stories	2
No. Units	2	Year Built	1910
Property Type	Multifamily	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype	Apartment
Zoning	C6-2

Price	$1,050,000
Price Per Unit	$525,000
Sale Type	Investment
Sale Condition	Redevelopment Project
No. Units	2
Property Type	Multifamily
Property Subtype	Apartment
Building Class	C
Lot Size	0.04 AC
Building Size	1,236 SF
No. Stories	2
Year Built	1910
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	C6-2

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Walk Score®

Walker's Paradise (93)

Transit Score®

Rider's Paradise (100)

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Property Taxes

Parcel Number	09992-0057	Improvements Assessment	$12,952
Land Assessment	$8,437	Total Assessment	$21,389

Property Taxes

Parcel Number

09992-0057

Land Assessment

$8,437

Improvements Assessment

$12,952

Total Assessment

$21,389

(631) 384-6107

Contact

Charles Stepaniuk
Lorpak Inc.

Listing ID: 27716102
Date on Market: 2/9/2023
Last Updated:
Address: 14313 95th Ave, Jamaica, NY 11435

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14313 95th Ave, Jamaica, NY for sale Primary Photo- Image 1 of 3 — 20230117_072031

14313 95th Ave, Jamaica, NY for sale Site Plan- Image 2 of 3 — Exemplary development in C4-5X zoning

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