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32807989
32807986

105-31 150TH ST, QUEENS, NY 11435

JL
10301217711
Vantage Realty Partners
Listed by Vantage Realty Partners
$1,200,000
16 days on market
Updated 16 days ago

105-31 150th Street

Details
Property Type Retail, Multifamily
Square Footage 3,600
Units 1
Tenancy Multi
Year Built 1920
Acreage 2000.000
Ground Lease No

Multi-use in Jamaica, New York.

Marketing description

Mixed Use, Retail • 3,600 SF

Investment highlights

Welcome to this versatile mixed-use property offering both space and opportunity in the heart of Jamaica, Queens. Priced at $1.2 MIL this legal 2-family home with a storefront is perfect for buyers looking for flexibility, income potential, or a long-term investment. Each residential unit features 4 bedrooms and 1 full bathroom, offering plenty of room for extended family or rental income. The ground-level storefront includes a kitchenette and bathroom, with direct access to a full basement and a large backyard ideal for additional storage, workspace, or outdoor use. What truly sets this property apart is its location. Surrounded by approximately 16 acres of vacant land and positioned with multiple sides facing this open space, it offers a unique setting you don’t often come across. Properties with this kind of positioning can become highly influential within the layout of future development, making this an especially compelling opportunity for buyers thinking long-term. As surrounding land evolves, assets like this already established and strategically placed tend to stand out, offering potential advantages in future planning, positioning, and overall value. This property benefits from newly updated zoning regulations increasing the Floor Area Ratio (FAR) from 2.0 to 6.0, allowing for a significant expansion in buildable potential. With a maximum buildable area of approximately 6,000 square feet, this site is ideal for developers, investors, or end-users looking to capitalize on the area’s continued growth and demand Conveniently located near transportation, shopping, and everyday amenities, this property offers the best of both worlds immediate usability with exciting long-term potential.

Listing Contacts

JL
10301217711
Vantage Realty Partners
Listed by Vantage Realty Partners

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