18-70 Harman St Queens, NY 11385
- Mixed-use properties
- 5,635 SF
Current Use by Public Records
- Mixed-use properties
Property Details for 18-70 Harman St
- Year built
- 1920
- Property size
- 5,635 SF
- Property type
- Mixed-use properties
- Property subtype
- Apartment buildings
Description
This exceptional mixed-use property at 1870 Harman Street in the desirable Ridgewood neighborhood of Queens, New York, presents a unique investment opportunity. The property consists of three buildings totaling 5,635 square feet on a 5,000-square-foot lot (50ft x 100ft). Currently vacant, this offering includes a three-family residential building (approximately 3,735 sq ft), a commercial building with a workshop and garage (approximately 700 sq ft), and an office space (approximately 1,200 sq ft). The property is a well-maintained building showcasing historical features, though it is not landmarked. Significant redevelopment potential exists, with 3,000 square feet of unused air rights and a permitted R5B zoning designation allowing for higher-density development, resulting in a total buildable square footage of 6,750. The asking price is $2,400,000. This semi-attached building presents an excellent owner-user opportunity or a prime candidate for significant development and redevelopment. The property's location in Ridgewood, a highly sought-after area, further enhances its investment appeal. Built in 1920, this Class B property offers five units and is currently vacant, providing immediate flexibility for the new owner.
Value Estimation
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Queens
- County
- Queens
- State
- New York
- Longitude
- -73.9112
- Latitude
- 40.7072
