8734 169th StreetJamaica, NY 11432
Queens County
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.
Property Information
- Property type
- Residential
- Sub-type
- Single Family Residence
- Style
- Colonial
- Year built
- 1920
- Living area
- 2,358 Sq Ft
- Lot size
- 0.09 acres
- Lot dimensions
- 40x100 & 20x100
- Garage spaces
- 1
- Days on market
- 113
- MLS® Listing#
- 1008894
Property Features
- Appliances
- Oven · Range
- Cooling
- None
- Heating
- Natural Gas
- Basement
- Full · Walk-Out Access
- Parking
- Detached
- Construction
- Frame
- Utilities
- Water Connected
- Sewer
- Public Sewer
- Water source
- Public
Schools
- Elementary
- Ps 131 Abigail Adams
- Middle
- Benjamin Franklin Hs-Finance-Info
- High
- Contact Agent
Financial Details
- Annual taxes
- $8,813
- Assessed value
- $66,780
- Parcel number
- 09841-0046 & 09841-0048
Listing Courtesy: Exit Realty Prime - 7182620205
Fair Housing NoticeJamaica Market Statistics
How this home compares to 342 active listings in Jamaica, NY
| Jamaica median | This listing | |
|---|---|---|
| Median listing price | $878,261 | $2,249,000 |
| Median days on market | 69 | 113 |
| Median Sq Ft | 1,500 | 2,358 |
| Median price / Sq Ft | $549 | $954 |
Market statistics compiled from active EXIT Realty® and MLS listings in Jamaica, NY.
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Similar Home Values
Comparable nearby listings and their asking prices.
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|---|---|---|---|---|
| 19014 Haywood Road, Hollis, NY | $2,299,000 | 6 | 5 | 3,716 |
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