Price Reduction
Address
87-78 Parsons Boulevard, Jamaica, NY
Price
$ 1,977,777
Property Attributes
  • ID#3549154
  • TypeMulti-Family
  • CountyQUEENS
  • CityJamaica
  • Zip11432
  • StyleStore+Dwell
  • Year Built1931
  • Taxes$ 34937
  • Price$ 1,977,777
  • Bedrooms4
  • Full Bathrooms6
  • Half Bathrooms0
  • Sqr Footage3262
  • Lot Size0.07 Acres
Data Source:
OneKey® MLS
Property Description

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!

Elementary School Middle School High School
Queens School For Leadership (The) Elementary School Ms 358 Middle School Hillcrest High School
Price History
5/3/2024 Listed $2,350,000
5/10/2024 16% - $1,977,777

General Features

Architectural Style Store+Dwell
High School Hillcrest High School
High School District Queens 28
Elementary School Queens School For Leadership (The)
Middle/Junior High School Ms 358
Middle/Junior School District Queens 28
Elementary School District Queens 28

Interior Features

Basement Full,Walk-Out Access

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 11432

Price
AVG $1.7M
$1.98M
Taxes
AVG $12,077
$34,937
Visits
AVG 85
73
Data Provided by Inside Real Estate®
Year Built
AVG 1950
1931