Attention investors, developers, and builders! This rare opportunity offers a fully gutted and professionally framed multi-level (3 story and basement) building ready for the next phase of construction, significantly reducing renovation timelines and upfront demolition costs. The property features a newly framed residential structure with substantial progress already completed, allowing a buyer to focus on mechanicals, finishes, and final design execution. Adding tremendous value, the sale also includes a separate warehouse/building at the rear of the property, creating multiple investment strategies. Whether utilized for storage, workshop space, contractor operations, rental income, or future redevelopment, the warehouse provides exceptional flexibility and income producing potential. A major highlight is the ability to subdivide the property, giving investors the opportunity to create multiple parcels, maximize resale value, develop separate income streams, or pursue phased redevelopment plans (subject to municipal approvals). The possibilities are endless as the potential to add a second multifamily property can be a viable option (removing warehouse) creating multiple avenues for maximizing value and return on investment. As Is sale with Approved Plans.
Details:
Families:
3
Property Type:
House
Lot Size:
50x100
Acres:
0.12
Built:
2024
School District:
Queens 27
Financials:
Price:
$899,999
Taxes:
$3,857
For More Information Call 718-766-9175 or Contact Agent
The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. Listing Information provided courtesy of Real Broker NY LLC, Dilon Mohan - 518-730-4228