Don't miss this incredible opportunity to own a prime 6,000 sq ft investment property with exceptional income-generating potential, located just steps from the bustling Hillside Ave and 169th St F train station in the vibrant heart of Jamaica. This sale includes two adjacent lots: Lot 09841-0046 (a 40 ft x 100 ft lot featuring a 2,358 sq ft single-family home) and Lot 09841-0048 (a vacant 20 ft x 100 ft lot). Boasting R4A zoning with a residential Floor Area Ratio (FAR) of 1 and a facility FAR of 2, this property presents versatility. You can either build a new house on the vacant lot or develop a substantial 15,000 sq ft medical or doctor's office overall. The existing house is already set up as a doctor's office, showcasing three private examination rooms, a large open area, a kitchen, and a bathroom on the first floor. The second floor offers three additional rooms and another bathroom, while the finished attic and full basement provide further utility with a separate entrance. With outstanding visibility, heavy foot traffic, and convenient access to transportation, this location is perfect for any Doctor's office. The property has the potential to generate an impressive $13,000 in rental income. Take action now-prospective buyers should independently verify all information.
Estimated Payment
$ 12,762.54 per month $11,372.17 Principal & Interest $734.42 Property Tax $655.96 Homeowner's InsuranceListing By
Agency Name: Exit Realty Prime
Agency Contact: 718-262-0205
Shown By
Agent Name: Kathy McManus
Agent Phone: (516) 302-3405
Agency Title: Coldwell Banker American Homes
8734 169th Street | MLS# 1008894
This single family home located at 8734 169th Street , Jamaica, NY 11432 is currently listed for sale with an asking price of $2,249,000. This property was built in 1920 and has 6 bedrooms and 3 full baths with 2358 sq. ft. 169th Street is located within the Queens 29 school district. Search Jamaica real estate on katherineamcmanus.cbamhomes.com today.