For Sale
$1,200,000

111-10 Merrick Blvd Queens, NY 11433

Renovated, Vacant, High-Visibility

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional mixed-use property, located at 111-10 Merrick Blvd in Queens, NY 11433, presents a unique investment opportunity. The 2,000 square foot building is a solid brick structure that has undergone a complete renovation. Currently vacant, the property features a ground-floor storefront, previously intended for a daycare, and two apartments above. Each apartment has a history of successful short-term rental via a five-star Airbnb host. The property also includes a one-car garage and a fenced backyard, adding to its appeal. The unfinished basement offers additional potential for expansion or development. This prime location boasts high traffic and visibility, enhanced by its proximity to bus stops. Importantly, all outstanding violations have been resolved. The property is zoned R5D, allowing for the possibility of adding two to three floors, opening avenues for condo conversion or other significant expansion projects. Offered at $1,200,000 ($600/sq ft), this property is available for sale individually or as part of a package deal with an adjacent building for a combined price of $2,400,000. This is a rare chance to acquire a renovated, high-potential mixed-use property in a desirable Queens location.

Highlights

  • Mixed-use brick building at 111-10 Merrick Blvd, Jamaica, NY 11413, listed at $1.35M.
  • Recently renovated with a ground-floor storefront and two upper apartments, currently rented via Airbnb.
  • Renovated commercial space, previously intended for daycare use.
  • 100% vacant.
  • Includes a one-car garage and fenced backyard.
  • R5D zoning allows for a potential 2-3 story condo addition.

Property Details for 111-10 Merrick Blvd

Property type
Mixed-use properties
Square Feet
2,000 SF

Location Insight

City
Queens
County
Queens
State
New York
Latitude
40.6940682
Longitude
-73.7815263
111-10 Merrick Blvd, Queens, New York

FAQs

What type of property is this?
Mixed-use property - Renovated, Vacant, High-Visibility
Where is the mixed-use property located?
The property is located at 111-10 Merrick Blvd Queens, NY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Mixed-use brick building at 111-10 Merrick Blvd, Jamaica, NY 11413, listed at $1.35M.; Recently renovated with a ground-floor storefront and two upper apartments, currently rented via Airbnb.; Renovated commercial space, previously intended for daycare use.
How can I contact the broker?
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111-10 Merrick Blvd
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