Vacant 5,071 square foot LOT for sale. Right near and on the way to JFK airport and Howard Beach. Currently designated as a parking lot but has huge potential for the right investor. The lot is zoned for residential and commercial. A mixed use building of 2 floors for commercial and 1 floor residential can maximize income for any investor. Possible business that this property can accommodate include:
Super Market - This property falls within the area of a city incentive program known as the Food Retail Expansion to Support Health (FRESH) program. This program allows for even more savings if a supermarket is the type of business that you would like to construct as it allows for real estate tax reductions and even sales tax reductions (An exemption from the 8.875% sales tax on materials to construct, renovate or equip facilities).
Parking Lot - The property already has this designation so that is one less thing to worry about. There are many stores located in this area in addition to businesses, schools and the A train (Grant Ave) Station which can lead to huge potential customers for this type of business.
Off-site Airport Parking - This corner lot property is located on Conduit Boulevard, which is a Main Street that goes to the JFK airport and can be a possible parking lot for travelers. Also because it is located on a corner lot the property allows for two possible entrances, one on Conduit Blvd and the other on Autumn avenue.
Retail Stores - The newly constructed Linden Center has revitalized the shopping potential in this area. In addition to the nearby stores located in the City Line neighborhood, a two floor commercial building could provide income from renters who are searching for retail space.
Restaurant - Nearby eateries include Dunkin Donuts, Burger King and Popeyes. This lot receives great traffic from being centrally located and is a perfect spot for a dine in restaurant or fast food chain.
Offices - Medical, Real Estate, Law or other professionals can find an amazing space for their business. Being a corner property can provide excellent natural light in a future waiting room or conference room. These are just a few examples of what can be created on this 5,000 sq ft blank canvas. This property is the commercial space that someone is dreaming of. If there are any additional questions please send us an email or give us a call.
