Location, Location ,Location, Ideally located just steps to the 7 train (approx. 1 block), this well-positioned property sits in a vibrant commercial corridor with heavy foot traffic and excellent accessibility.
Built 20X60 on a 25X100 lot, the property is currently configured as a two-family residence with tenants in place, offering immediate rental income. The upper level has been updated by occupants, while the lower level presents an excellent opportunity for renovation and value enhancement.
Zoned R6B with C1-4 commercial overlay, this property offers exceptional potential for mixed-use redevelopment, retail conversion, or long-term hold. Ideal for investors or developers seeking to capitalize on strong rental demand and future growth.
Surrounded by established businesses, restaurants, and close proximity to the Willets Point redevelopment area, further enhancing long-term upside.
A rare opportunity to acquire a property with strong income potential and significant redevelopment possibilities in one of Queens’ most active and rapidly evolving neighborhoods