$2,250,000

148-18 89th Avenue, Jamaica, NY 11435

  • 10 beds |
  • 5 baths |
  • 4,495 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $501/sqft
  • Property List Date Icon Listed 6 months ago

Property Description

148-18 89th ave is a 31' x 145' lot in downtown Jamaica currently occupied by a (2) family house. This provides the rare opportunity for a developer/investor to build a 25,000 SF residential building facing 89th ave. This lot is located 5 minutes from the Jamaica Transportation Hub which provides access to (4) subway lines, the Long Island Railroad and the Air Train. The area as seen tremendous public and private investment in recent years which has yet to translate into a sharp increase. The property is currently cash flowing, but can be delivered vacant. This site is located within a designated Opportunity Zone.

Listing Status:
Active
Listing Office:
Property Professionals Realty : 929-224-0479
MLS ID:
816733
  • General: First Floor BedroomFirst Floor Full BathCathedral Ceiling(s)Ceiling Fan(s)ChandelierCrown MoldingEat-in KitchenFormal DiningGranite CountersKitchen IslandPantryRecessed LightingStorageTile Counters
  • Laundry: Other
  • Basement: Finished
  • Flooring: Hardwood
  • A/C: Wall/Window Unit(s)
  • Heating: Baseboard
  • Fireplace: Fireplaces: 0

This listing courtesy of Property Professionals Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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