Ozone Park, Queens, NY 11417
Property Type
Duplex
Year Built
2024
Attention investors, developers, and builders! This rare opportunity offers a fully gutted and professionally framed multi-level (3 story and basement) building ready for the next phase of construction, significantly reducing renovation timelines and upfront demolition costs. The property features a newly framed residential structure with substantial progress already completed, allowing a buyer to focus on mechanicals, finishes, and final design execution. Adding tremendous value, the sale also includes a separate warehouse/building at the rear of the property, creating multiple investment strategies. Whether utilized for storage, workshop space, contractor operations, rental income, or future redevelopment, the warehouse provides exceptional flexibility and income producing potential. A major highlight is the ability to subdivide the property, giving investors the opportunity to create multiple parcels, maximize resale value, develop separate income streams, or pursue phased redevelopment plans (subject to municipal approvals). The possibilities are endless as the potential to add a second multifamily property can be a viable option (removing warehouse) creating multiple avenues for maximizing value and return on investment. As Is sale with Approved Plans.
4
4
5
Queens
Ozone Park
Duplex
2024
3
2024
Ozone Park
Queens
Driveway
Unfinished
Yes
Yes - See Remarks, Other
Other
0
Total$5,766.28/Month
*The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.
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