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9430 Albert RD Ozone Park, NY 11417
5,039 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1013550
Rental Info No
Year Built 2024
Annual Tax Amount $3,857
Lot Size 5,039 Sqft
Acres 0.1157
Property Sub-Type Duplex
Source onekey2
Property Description
Attention investors, developers, and builders! This rare opportunity offers a fully gutted and professionally framed multi-level (3 story and basement) building ready for the next phase of construction, significantly reducing renovation timelines and upfront demolition costs. The property features a newly framed residential structure with substantial progress already completed, allowing a buyer to focus on mechanicals, finishes, and final design execution. Adding tremendous value, the sale also includes a separate warehouse/building at the rear of the property, creating multiple investment strategies. Whether utilized for storage, workshop space, contractor operations, rental income, or future redevelopment, the warehouse provides exceptional flexibility and income producing potential. A major highlight is the ability to subdivide the property, giving investors the opportunity to create multiple parcels, maximize resale value, develop separate income streams, or pursue phased redevelopment plans (subject to municipal approvals). The possibilities are endless as the potential to add a second multifamily property can be a viable option (removing warehouse) creating multiple avenues for maximizing value and return on investment. As Is sale with Approved Plans.
Location
State NY
County Queens
Rooms
Basement Unfinished
Interior
Interior Features Other
Heating See Remarks, Other
Cooling None
Fireplace No
Exterior
Parking Features Driveway
Garage Spaces 2.0
Utilities Available See Remarks
Garage true
Private Pool No
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Star Leadership Academy
Middle Schools Jhs 202 Robert H Goddard
High Schools Queens 27
School District Queens 27
Others
Senior Community No
Special Listing Condition None
Listed by Real Broker NY LLC • Dilon Mohan