87-78 Parsons Boulevard, Jamaica, NY 11432 - Photo 1

1/1

$1,700,000

Sold
Closed
Multi-Family
4 Total Beds

1/1

Property Description

The Future is here! The Future is now! The future is Jamaica, Queens, New York City...Assemblage Begins here with 2 sister properties feet apart. The Parsons Blvd. subway entrance just seconds away...Now Zoned R7A. This has the potential for the right conglomerate to buy these buildings (why not buy the other nine buildings that form the L shape of this corner) & re-zone to a 40 story building. Extraordinary Investment Opportunity in the heart of the Commercial zone of Jamaica, Queens- Central To All! Nestled within the bustling enclave of Jamaica, Queens, this three story mixed-use building is located mid-block on one of the town's most commercial streets & within minutes of all modes of transport & shopping on either side! This rarely found type of property is an excellent investment opportunity as is, or has tremendous upside based on an R7A, C2-3, C1-2 zoning which will allow for up to 13,000 SF buildable! Don't miss out on this once in a lifetime opportunity!

Full Property Details

Full Property Details for 87-78 Parsons Blvd

General

Sold For: $1,700,000
Taxes: $34,937
Status: Closed
Type: Multi-Family
Source: Long_Island
MLS ID: L3549154
Added to Site: 659 day(s) ago

Interior

Number of Rooms: 18
Interior Features: Eat-in Kitchen, Entrance Foyer, Living Room/Dining Room Combo, Storage
Flooring: Hardwood

Rooms

Bathrooms

Total Bathrooms: 6
Full Bathrooms: 6

Bedrooms

Total Bedrooms: 4

Additional Information

Amenities: Park, Near Public Transportation

Exterior

Exterior Features: Private Entrance
Porch/Patio/Deck: Patio

Parking

Parking Features: On Street

Location

County: Queens
Township: Queens
Cross Streets: Hillside Avenue
Driving Directions: Waze!

School Information

Elem School District: Queens 28
Midd School District: Queens 28
High School District: Queens 28
Elementary School: Queens School For Leadership (The)
Middle School: Ms 358
High School: Hillcrest High School

Heating & Cooling

Air Conditioning: Yes
Cooling Type: Window Unit(s)
Heating Type: Natural Gas, Hot Water
Water Heater: Gas Stand Alone

Utilities

Sewer: Sewer
Water: Public

Structural Information

Architectural Style: Store+Dwell
Detached/Attached: Attached
Construction: Brick
Basement: Yes
Basement Desc.: Full Basement, Walk-Out Access
Common Walls: 2+ Common Walls
Year Built: 1931
Property Condition: Excellent!

Lot Features

Lot Size (Acres): 0.07
Lot Size (Sq. Ft.): 3,262
Lot Size Source: Other
Lot Dimensions: 26.08 x 125.08
Fence: Yes
Lot Features: Near Public Transit, Private
Fencing (Description): Fenced

Financial Considerations

Tax Amount: $34,937

Disclosures and Reports

Property ID: 09763-0035
Block: 9763
Lot Number: 35

Listed by Coldwell Banker American Homes
Sold by Coldwell Banker American Homes

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Listing agent

— 87-78 Parsons Blvd —

Coldwell Banker American Homes

718-206-1340

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Schools

Schools serving 87-78 Parsons Blvd

School District:New York City Geographic School District 28

Name	Grades	Distance
Ps 182 Samantha Smith 153-27 88th Ave, Queens, NY 11432	3-5	0 mi
Jhs 217 Robert A Van Wyck 85-05 144th St, Queens, NY 11435	6-8	0.5 mi
Hillcrest High School 160-05 Highland Ave, Queens, NY 11432	9-12	0.2 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 87-78 Parsons Blvd

Date

Details

Price

Change

Source

10/01/2024

Sold

$1,700,000

-14.04%

MLS

5/10/2024

Price Reduced

$1,977,777

-15.84%

MLS

5/03/2024

Listed

$2,350,000

—

MLS

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

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87-78 Parsons Boulevard, Jamaica, NY 11432 (MLS# L3549154) is a Multi-Family property that was sold at $1,700,000 on October 01, 2024. Want to learn more about 87-78 Parsons Boulevard? Do you have questions about finding other Multi-Family real estate for sale in Jamaica? You can browse all Jamaica real estate or contact a Coldwell Banker agent to request more information.

87-78 Parsons Blvd Jamaica, NY 11432