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Jamaica, NY 11435 148-47 88 Avenue

148-47 88 Avenue Jamaica, NY - Image 1
  • MLS# 845201
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    For Sale – Prime Development Opportunity in Jamaica, Queens! Two adjacent 3-family homes at 148-49 & 148-47 88th Ave, Jamaica, NY 11435 (MLS #845183 & #845201). These properties are located on a combined 6,000 sqft corner lot with R7A zoning, providing excellent development potential for builders, investors, or developers looking for high-return properties in a fast-growing area.These two properties generates $35,000/month in rental income, totaling $420,000/yearly, making this a fantastic income-producing investment. The corner lot offers excellent visibility and access, and the properties are positioned in a prime location near public transportation, highways, shopping centers, and schools.With R7A zoning, these properties allow for high-density residential or mixed-use development, offering significant upside for future redevelopment or expansion. The demand in the area is growing, and this is a rare chance to acquire two adjacent properties with substantial rental income and tremendous future potential. This opportunity won’t last long!

    Interior Features for 148-47 88 Avenue

    Other Interior Features

    BasementFinished, Full

    General for 148-47 88 Avenue

    Building Area UnitsSquare Feet
    Number Of Units Total3

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    Gregory Berkowitz

    Licensed Real Estate Salesperson
    Price $2,750,000
    MLS#845201
    Property Type Multi-Family
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