12002 Merrick Boulevard, Jamaica, NY 11434 - Photo 1

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$2,499,000

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Active
Commercial

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Property Description

Great Development Opportunity - Residential & Commercial Mixed-Use - This is an excellent opportunity to develop a mixed-use property with significant potential. The site includes a proposed plan for four (4) three-family residential buildings and four (4) commercial spaces, offering a strong return on investment in a high-demand area. Zoning: R5B / C1-3 - FAR: 2.0 - With approved plans - Property will be delivered vacant at closing. This project is ideal for developers looking to build multifamily residences with street-level commercial units in a well-zoned, growing neighborhood.

Full Property Details

Full Property Details for 120-02 Merrick Blvd

General

Price: $2,499,000
Taxes: $12,572
Status: Active
Type: Commercial
Source: Long_Island
MLS ID: 917806
Updated: 10/11/2025
Added to Site: 115 day(s) ago

Business

Business Type: Mixed, Other

Location

County: Queens

Heating & Cooling

Cooling Type: None
Heating Type: Hot Air

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Electricity Available, Natural Gas Available

Structural Information

Detached/Attached: Detached
Construction: Block
Building Size: 2290
Square Feet: 2,290
Year Built: 1930

Lot Features

Lot Size (Acres): 0.1877
Lot Size (Sq. Ft.): 8,175

Financial Considerations

Tax Amount: $12,572

Disclosures and Reports

Special Conditions: None
Property ID: 12392-0036

Listed by Elite Realty of USA Inc

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Listing agents

— 120-02 Merrick Blvd —

Elite Realty of USA Inc
Elite Realty of USA Inc

718-551-9800

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Schools

Schools serving 120-02 Merrick Blvd

School District:New York City Geographic School District 28

Name	Grades	Distance
The Jermaine L. Green STEM Institute of Queens 126-10 Bedell St, Queens, NY 11434	K-5	0.3 mi
Catherine And Count Basie Middle School 72 133-25 Guy R Brewer Blvd, Queens, NY 11434	6-8	0.7 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 120-02 Merrick Blvd Get Price Alerts and Save Property

Date

Details

Price

Change

Source

9/26/2025

Listed

$2,499,000

92.23%

MLS

10/10/2024

Sold

$1,300,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 120-02 Merrick Blvd

Year

Property Taxes

Change

Tax Assessment

Change

2025

$12,572

1%

$116,820

-5%

2024

$12,450

—

$122,400

4%

2023

$12,488

3%

$117,900

4%

2022

$12,073

9%

$113,400

9%

2021

$11,116

-11%

$103,950

-19%

2020

$12,452

5%

$127,800

3%

2019

$11,892

10%

$124,200

4%

2017

$10,806

—

$119,250

6%

2017

$10,806

4%

$112,500

5%

2016

$10,383

3%

$107,100

6%

2015

$10,060

17%

$101,250

3%

2014

$8,593

2%

$98,100

3%

2013

$8,442

—

$94,950

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

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12002 Merrick Boulevard, Jamaica, NY 11434 (MLS# 917806) is a Commercial property. 12002 Merrick Boulevard is currently listed for $2,499,000 and was received on September 26, 2025. Want to learn more about 12002 Merrick Boulevard? Do you have questions about finding other Commercial real estate for sale in Jamaica? You can browse all Jamaica real estate or contact a Coldwell Banker agent to request more information.

120-02 Merrick Blvd Jamaica, NY 11434