Mixed-Use Development
For Sale
$2,499,000
12002 Merrick Blvd, Queens, NY 11434
Development opportunity with approved plans for mixed-use property.
Property Size2,290 SF
Lot Size0.19 Acres
Days on Market254
Property Features for 12002 Merrick Blvd
General Information
Standard status
Active
Size
2,290 SF
Lot size
0.19 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$12,572
Building Details
Building Size
2,290 SF
Year Built
1930
Listing Agency:
Elite Realty of USA Inc
(718) 551-9800
Listed By:
Chandar Persaud · License #NY10301219700
Source:
Elliman
Added: Nov 28, 2025
Changed: Aug 8
Last Checked: Jul 16 at 11:05AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Elite Realty of USA Inc
Investment Insights
Based on property information with market context.
This property presents a development opportunity for a mixed-use project. The site has approved plans for four three-family residential buildings and four commercial spaces. The zoning is R5B / C1-3 with a FAR of 2.0. The property will be delivered vacant at closing. This project is suited for developers interested in constructing multifamily residences with street-level commercial units in a growing neighborhood.
Key Highlights
- Approved plans for a mixed‑use development with residential and commercial spaces.
- High‑demand area offering a strong return on investment.
- Zoning allows for both residential (R5B) and commercial (C1‑3) use.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,591
Businesses Nearby
Explore this area
Business Placement
Demographics for 11434, NY
66,964
Population
23,787
Households
2.8
Avg Household Size
40
Median Age
22%
College-Educated
87%
High-School Grad
3.2 sq mi
ZIP Area
20,926
Density / Sq Mi
$76,668
Median Household Income
$46,742
Median Earnings
$1,409
Median Rent
$585,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Development opportunity with approved plans for mixed-use property.
Where is this commercial land located?
The property is located at 12002 Merrick Blvd Queens, NY.
What is the asking price?
The asking price for this property is $2,499,000.
What are key features of this property?
This property features: Approved plans for a mixed‑use development with residential and commercial spaces.; High‑demand area offering a strong return on investment.; Zoning allows for both residential (R5B) and commercial (C1‑3) use.
