Property

Ownership: For Sale
Type: Multi-Family
Bedrooms: Studio
Pets: Pets No
Lot Size: 0.22 Acres

Financials

Price:$1,660,000
Annual Taxes:$15,811
24-20 Jackson Ave Floor 3 Long Island City, NY 11101, USA
Listing Courtesy of Johnson Elite R E Group Inc

Description

Exceptional Mixed-Use Investment Opportunity in Prime Springfield Gardens Location. Introducing 137-06 Bedell Street—a rare corner lot offering in the heart of Springfield Gardens. This expansive legal mixed-use property sits on a 9,653 sq ft lot and features five spacious 1-bedroom apartments (each with 1 bath, living room, dining area, kitchen, and soaring ceilings), all of which are currently tenant-occupied. The ground-level commercial storefront, presently configured as a 6th apartment, is vacant, offering flexibility for a retail tenant, office use, or continued residential rental (buyer to verify permissible use). All units are separately metered for gas and electric, providing operational ease and maximizing landlord efficiency. A full-height basement offers significant storage or future development potential. The property also includes a private driveway with parking for up to 6 vehicles—a rare and highly sought-after amenity in the area. Zoned C1-3/R3-2, this asset offers both strong cash flow and future upside in a rapidly developing neighborhood. Strategically located just minutes from JFK Airport, major highways, and multiple MTA transit options, this property is ideal for long-term investors or owner-users looking to capitalize on one of Queens’ most connected corridors.

Amenities

  • Corner Lot
  • Electricity Connected
  • Irregular Lot
  • Natural Gas Connected
  • Neighborhood
  • Oven
  • Refrigerator
  • Sewer Connected
  • Trash Collection Public
  • Water Connected

Exceptional Mixed Use Investment Opportunity in Prime Springfield Gardens Location.


Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.