9430 Albert Rd

Ozone Park, NY 11417
  • $899,999

    Price
  • 0

    Bed
  • 0

    Bath
  • 0

    SqFt

About the Listing HOWO04 - 202007

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.

Listing Highlights

Status Active
Days on Site 0
Property Type Multi-Family
MLS ® 1013550
Year Built 2024
Total Square Footage 0
Lot/Acreage 0.12
County Queens
School District Queens 27
Elementary School STAR Leadership Academy
Middle School Jhs 202 Robert H Goddard

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond:
  • Heating: See Remarks
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Unfinished
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: No Waterfront
  • Garage Capacity: 2 car
  • Roof:
  • Others: Fixer,New Construction,To Be Built,Under Construction,Updated/Remodeled
  • Sewer: Public Sewer
  • Parking Features: Driveway

Financial Details

  • Tax Amount: $3,857
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 11545-0035
  • Tax Year: N/A

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Questions About..

9430 Albert Rd Ozone Park, NY 11417

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Originating MLS: onekey2

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