About This Home

Four building structures on a large and extended lot of approx. 9.350 sq. ft. The property currently includes the following: -A 4-story multifamily residential building with 2 residential units -A single-story structure containing a residential unit. -A freestanding office building. -A large, covered storage facility located toward the rear of the property. The property is owner-occupied and can be delivered vacant, offering flexibility for end-users, developers, or investors. Key Highlights -Significant Land Value: The expansive L-shaped 9,350 sq. ft. lot is the property’s primary value driver, offering outstanding potential for redevelopment or expansion. -Flexible Use Options: Ideal for mixed-use purposes — live in or rent the residential units, operate a business, or lease the office and storage areas for additional income. -Development Potential: Zoned M1-1, allowing for redevelopment into a warehouse or light industrial facility of up to approximately 9,350 sq. ft., or continued use under the grandfathered residential/commercial designation. -Low Annual Taxes of approx. 20K. LOCATION: Prime Location: Conveniently located near major transportation routes, retail centers, and neighborhood amenities, ensuring accessibility and visibility. Centrally located near the Long Island Expressway (495), Brooklyn-Queens Expressway (278) and numerous truck routes including Grand Avenue, Queens Blvd, Eliot Avenue, & Metropolitan Avenue etc.