8734 169th Street, Jamaica, NY 11432

$2,249,000
6
BD
3
BA
2,358
SqFt

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List Price
$2,249,000
Days on Market
56
MLS#
1008894
Status
ACTIVE
Property Type
Single Family Residence
Style
Colonial
Year Built
1920
Property Tax
$8,813
School District
Queens 29
High School
Contact Agent
Jr. High
Benjamin Franklin Hs-Finance-Info
Elementary School
Ps 131 Abigail Adams

Property Description

Don’t miss this incredible opportunity to own a prime 6,000 sq ft investment property with exceptional income-generating potential, located just steps from the bustling Hillside Ave and 169th St F train station in the vibrant heart of Jamaica. This sale includes two adjacent lots: Lot 09841-0046 (a 40 ft x 100 ft lot featuring a 2,358 sq ft single-family home) and Lot 09841-0048 (a vacant 20 ft x 100 ft lot). Boasting R4A zoning with a residential Floor Area Ratio (FAR) of 1 and a facility FAR of 2, this property presents versatility. You can either build a new house on the vacant lot or develop a substantial 15,000 sq ft medical or doctor’s office overall. The existing house is already set up as a doctor’s office, showcasing three private examination rooms, a large open area, a kitchen, and a bathroom on the first floor. The second floor offers three additional rooms and another bathroom, while the finished attic and full basement provide further utility with a separate entrance. With outstanding visibility, heavy foot traffic, and convenient access to transportation, this location is perfect for any Doctor's office. The property has the potential to generate an impressive $13,000 in rental income. Take action now—prospective buyers should independently verify all information.

Additional Information

Bedrooms
6
Bathrooms
3
Full Baths
3
Square Footage
2,358
Acres
0.14
Parking
Detached
Basement
Full, Walk-Out Access
Heating
Natural Gas
Cooling
None
Water
Public
Sewer
Public Sewer

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Moniruzzaman R. Majumder CBR (zamanny@gmail.com) from Listing Office: Exit Realty Prime.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.