Unlock the Potential 10. 5M Dual Lot Property Ready for Expansion or Redevelopment Premier investment opportunity featuring a rare double lot offering with the rear parcel included ideal for developers, ...


Property

Website: https://www.nestseekers.com/5408238
Address:
New York, NY 11691
Ownership: For Sale
Type: Multi-Family
Bedrooms: Studio
Lot Size: 0.4 Acres

Financials

Price:$10,500,000
Annual Taxes:$33,963.81

Description

Unlock the Potential: $10.5M Dual-Lot Property Ready for Expansion or Redevelopment: Premier investment opportunity featuring a rare double-lot offering with the rear parcel included- ideal for developers, investors, and value-add buyers seeking scale and long-term upside. This exceptional asset combines immediate income potential with significant redevelopment and expansion opportunities, making it a true turnkey + land value play. Located in a rapidly evolving coastal market with strong demand, this property offers the flexibility to build, reposition, or maximize returns in one of NYC’s emerging investment corridors. A chance to secure a high-upside, multi-lot asset in a prime location. Fully compliant with all regulations and free of violations, delivering peace of mind alongside immediate income and future redevelopment potential. Near JFK, the LIRR, MTA, minutes from Atlantic Beach, premier shopping, and the Five Towns area. Lot 119 is 18,808 sq ft & lot 72 is 8181. Call for info

Amenities

  • Electricity Connected
  • Fire Alarm
  • Fire Escape
  • Natural Gas Connected
  • Near Public Transit
  • Near School
  • Near Shops
  • Other
  • Phone Connected
  • Private
  • Security System
  • Sewer Connected
  • Smoke Detectors
  • Trash Collection Public
  • Video Cameras
  • Water Connected
  • Window Bars

Contact

24-20 Jackson Ave Floor 3 Long Island City, NY 11101, USA
Listing Courtesy of M & J Partners Realty LLC