106-25 Guy R Brewer BlvdQueens, NY 11433

For Sale
Call for price

24 Units, 2 Buildings, New Construction

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents two adjacent, newly constructed four-story mixed-use buildings in Queens, New York. Situated on an 8,000 square foot lot (80' x 100'), the property boasts a combined gross floor area of 22,834 square feet. The buildings comprise 20 residential units and two ground-floor retail spaces, complemented by 14 indoor parking spots. Constructed in 2023, these properties benefit from a 25-year 421a tax exemption and a 15-year ICAP. The convenient location is between Tuskegee Airmen Way and 107th Avenue, just one block from York College/CUNY and three blocks from the vibrant Jamaica Avenue retail corridor. The Jamaica Center Subway Station (E, J, Z lines) is within walking distance, ensuring excellent accessibility. This property is zoned R5D/C1-4 and is available for sale as a package or individually. The owner is currently soliciting proposals. This is a rare chance to acquire a high-yield, mixed-use property in a rapidly developing area of Queens. The new construction, tax benefits, and strategic location combine to create a compelling investment proposition.

Highlights

  • New 2023 construction, two 4-story mixed-use buildings totaling 22,834 gross square feet (GSF).
  • 20 residential units and 2 ground floor retail spaces.
  • 14 indoor parking spaces.
  • 8,000 square foot lot.
  • Approved for a 25-year 421a tax exemption and a 15-year ICAP.
  • Located in Queens, NY, near York College and Jamaica Avenue retail corridor.

Property Details for 106-25 Guy R Brewer Blvd

Property type
Other retail properties, Multifamily properties
Year Built
2023
Buildings
2
Stories
4
Units
24

Location Insight

City
Queens
County
Queens
State
New York
Latitude
40.6991366
Longitude
-73.7927802
106-25 Guy R Brewer Blvd, Queens, New York

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106-25 Guy R Brewer Blvd
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