New York, NY 11418

Property

Ownership: For Sale
Type: Unknown
Bedrooms: Studio
Lot Size: 0.1 Acres

Financials

Price:$675,000
Annual Taxes:$8,512.16
24-20 Jackson Ave Floor 3 Long Island City, NY 11101, USA
Listing Courtesy of 1st American One NYC LTD

Approved Mixed Use Development Site Prime Jamaica Avenue Location An exceptional investment opportunity awaits on one of Queens' busiest commercial corridors.

Description

Approved Mixed-Use Development Site | Prime Jamaica Avenue Location An exceptional investment opportunity awaits on one of Queens' busiest commercial corridors. 125-13 Jamaica Avenue is a vacant development parcel offered with approved plans for a four-story mixed-use building totaling approximately 6,800 square feet, allowing a buyer to move forward with development immediately. Positioned on vibrant Jamaica Avenue, this property benefits from excellent visibility, heavy pedestrian traffic, established retail businesses, and convenient access to public transportation, making it an ideal location for both residential and commercial use. Development Highlights Vacant development site Approximately 18 ft. x 119 ft. lot (2,224± SF) R6A/C2-4 zoning Approved architectural plans included Proposed approximately 6,800 SF mixed-use building Ground-floor commercial retail space Six residential apartments Four 1-bedroom units Two 2-bedroom units Excellent frontage along Jamaica Avenue Strong rental demand in the surrounding neighborhood Outstanding Location Located in the heart of Richmond Hill, the property is surrounded by national retailers, neighborhood businesses, restaurants, schools, and professional offices. Residents will enjoy convenient access to the J and Z subway lines, multiple bus routes, and nearby major roadways, providing an easy commute throughout Queens, Brooklyn, and Manhattan. Whether you're a seasoned developer looking for your next project or an investor seeking long-term appreciation and income potential, this approved development site presents a rare opportunity to build in one of Queens' most established and rapidly growing neighborhoods.

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.