Rare two property assemblage opportunity in the heart of Jamaica, Queens !


Property

Website:https://www.nestseekers.com/5634266
Address:
New York, NY 11435
Ownership: For Sale
Type: Duplex
Bedrooms: Studio
Lot Size: 0.1 Acres

Financials

Price:$825,000
Annual Taxes:$5,332.36

Description

Rare two-property assemblage opportunity in the heart of Jamaica, Queens! 97-22 Remington Street is offered exclusively as a package deal with adjacent 97-20 Remington Street — both properties to be sold together for $1,650,000. Located within a designated Qualified Opportunity Zone, this assemblage offers significant tax-advantaged upside for investors and developers seeking long-term capital gains benefits. Combined lots provide expanded footprint and development potential in a rapidly growing corridor, just minutes from Jamaica's major transit hubs including the LIRR, E/J/Z subway lines, and JFK AirTrain. Surrounded by ongoing rezoning momentum under the Jamaica Neighborhood Plan, this is a prime opportunity to secure contiguous parcels in one of Queens' most active investment markets. Whether you're building your portfolio or planning a ground-up development, this package delivers location, incentives, and scale. Both properties convey together — will not be sold separately.

Amenities

  • Electricity Available
  • First Floor Bedroom

Contact

47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of NY Space Finders Inc