8618 Atlantic Avenue new Save Request In-Person Tour Request Virtual Tour
Queens,NY 11416
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Ozone Park
MLS Listing ID RLS20031260
Bedrooms 9
Year Built 1980
Annual Tax Amount $20,040
Property Sub-Type Mixed Use
Property Description
FOR SALE 4-Building Package Deal
8612, 8614, 8616 and 8618 Atlantic Avenue, Ozone Park, Queens
Approximately 10,000 SF Lot
Mixed-Use + Development Opportunity
An exceptional opportunity to acquire four contiguous mixed-use properties8612, 8614, 8616, and 8618 Atlantic Avenueoffered as a package in the heart of bustling Ozone Park. With a combined lot size of approximately 10,000 square feet (100 ft x 100 ft), this assemblage offers significant as-is cash flow with an available opportunity for value-add plus tremendous redevelopment potential under favorable R5 zoning with a C1-3/C2-3 commercial overlay.
Developers and investors alike can take advantage of a prime corner-to-midblock footprint on a heavily trafficked stretch of Atlantic Avenue, near major transit, JFK Airport, and vibrant neighborhood amenities.
Development Potential (Combined Site):
Lot Size: ~10,000 SF (four lots)
Zoning: R5 + C1-3/C2-3 overlay
Buildable SF (BSF): ~12,500 SF total
Mixed of commercial and residential
Estimated Max Stories: 4 total (1 retail + 3 residential)
Proposed Unit Count: Up to 17 residential units
Ideal Project: Mixed-use with ground floor retail and upper-floor rental or condo units
Existing Property Breakdown (As-Is):
86-12 Atlantic Avenue
3 Free Market Residential Units
86-14 Atlantic Avenue
1 Commercial Storefront
1 Free Market Residential Units
86-16 Atlantic Avenue
2 Free Market Residential Units
86-18 Atlantic Avenue
Ground Floor:
1 Commercial Storefront
Large Commercial Parking Lot
Two Private Garages
Upper Floor:
1 Free Market Residential Unit
Location Highlights:
Major exposure along Atlantic Avenue corridor
Nearby access to A train, buses, Cross Bay Blvd, and JFK
Strong area rental demand and continued growth
Ideal for 1031 exchange, long-term hold, or ground-up redevelopment
Whether youre looking to generate steady cash flow , develop a multi- mixed-use project, or unlock long-term upside, this portfolio delivers on every front. Dont miss the chance to control a full development lot with proven value and clear zoning advantages.
Inquire today for full setup sheets and additional information.
* All information should be independently reviewed and verified for accuracy*
BOND New York Properties is a licensed real estate broker that proudly supports equal housing opportunity.
Location
State NY
County Queens
Interior
Heating None
Cooling None
Laundry Building None,None
Exterior
View Y/N No
Building
Dwelling Type Mixed Use
New Construction No
Others
Monthly Total Fees $1,670
Pets Allowed Building Yes,Yes