Price Reduced 15.84%

$1,977,777

Pending

Est. Mortgage $9,614/mo *

Quick Pre-Approval

Price History

$2,350,000
5/3/2024

$1,977,777
5/10/2024


87-78 Parsons Boulevard, Queens, (Jamaica), NY, 11432

87-78 Parsons Boulevard, Queens, (Jamaica), NY, 11432

1931

The Future is here! The Future is now! The future is Jamaica, Queens, New York City...Assemblage Begins here with 2 sister properties feet apart. The Parsons Blvd. subway entrance just seconds away...Now Zoned R7A. This has the potential for the right conglomerate to buy these buildings (why not buy the other nine buildings that form the L shape of this corner) & re-zone to a 40 story building. Extraordinary Investment Opportunity in the heart of the Commercial zone of Jamaica, Queens- Central To All! Nestled within the bustling enclave of Jamaica, Queens, this three story mixed-use building is located mid-block on one of the town's most commercial streets & within minutes of all modes of transport & shopping on either side! This rarely found type of property is an excellent investment opportunity as is, or has tremendous upside based on an R7A, C2-3, C1-2 zoning which will allow for up to 13,000 SF buildable! Don't miss out on this once in a lifetime opportunity!


Status:

Pending

Town:

Queens

Type:

Commercial

Units:

6

Zoning:

R7A, C2-3,

Heating:

Natural Gas, Hot Water

Levels:

3

Acreage:

0.07

Est. Taxes:

$34,937

Current Use

Mixed Use, Residential, Retail

Days on Market:

41

MLS #:

3549151


Community Info

School Info

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Listing courtesy of Coldwell Banker American Homes 718-206-1340