111-10 Merrick Blvd Queens, NY 11433
- Mixed-use properties
- 2,000 SF
Current Use by Public Records
- Mixed-use properties
Property Details for 111-10 Merrick Blvd
- Property size
- 2,000 SF
- Property type
- Mixed-use properties
Description
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.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Queens
- County
- Queens
- State
- New York
- Longitude
- -73.7815
- Latitude
- 40.6941
