Nest Seekers

Unlock the Potential 9. 75M 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, ...

New York, NY 11691

Listing

Web ID:5408238
Website:https://www.nestseekers.com/5408238

Property

Ownership: For Sale
Type: Multi-Family
Bedrooms: Studio
Lot Size: 0.4 Acres

Financials

Price:$9,750,000
Annual Taxes:$33,963.81

Description

Unlock the Potential: $9.75M 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
  • View of apartment building / complex
  • Vacant lot including in sale, Buildable zoned R3X
  • Entrance foyer with light tile patterned floors, baseboards, arched walkways, and recessed lighting
  • Entrance foyer featuring light tile patterned floors, arched walkways, baseboards, and a wealth of natural light
  • Inside Foyer
  • Hall featuring baseboards, mail area, a textured ceiling, ornamental molding, and arched walkways
  • lobby featuring stairway
  • View of staircase
  • Doors to apartments
  • Roof Top
  • Roof Top
  • Kitchen featuring tasteful backsplash, light wood-type flooring, a sink, white cabinets, and stainless steel appliances
  • Kitchen with a sink, white cabinetry, appliances with stainless steel finishes, and backsplash
  • Interior details with a sink, light countertops, tasteful backsplash, and white cabinetry
  • Living area with light wood-style floors, radiator, ceiling fan, and a healthy amount of sunlight
  • Living area with wood-type flooring, ceiling fan, baseboards, and radiator
  • Bathroom featuring vanity, shower / bath combo, toilet, and tile walls
  • Bedroom featuring baseboards, light wood finished floors, and radiator heating unit
  • Bedroom featuring radiator, baseboards, and wood finished floors
  • Survey showing the building and the lot- both lots including in sale
  • 1 Bedroom Plan
  • View of building exterior with fence and cooling unit
  • View of exterior entry with fence and brick siding

Contact

Long Island City - Jackson Ave
24-20 Jackson Ave Floor 3 Long Island City, NY 11101, USA
Phone: +1 929-442-2208
BethoneyShen@nestseekers.com
Listing Courtesy of M & J Partners Realty LLC
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