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94-30 Albert Rd

New York NY 11417

2
3477 sq. ft.
5042 sq. ft.
Duplex
Currently for sale - view listing

Overview

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.

Features

2 carspaces
2 garage spaces
3477 sq. ft. floor area
5042 sq. ft. lot size
Duplex

Property history for 94-30 Albert Rd

2019
Sold
$600,000
08 May 2019 by Victor Weinberger, of REMAX Team | Nashville

Happy sellers in New York

94%
94% of sellers in New York reported that their sale price either exceeded or met their price expectations.

New York stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in New York over the last 12 months.

Local market activity for duplexes in New York

In the last 12 months, 37 duplexes similar to 94-30 Albert Rd, have been sold.

This represents a 80% decrease in duplexes sales when compared to the previous 12 months.

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