8734 169th Street, New York, NY 11432

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.