Overview

Prime Development Opportunity! Located at 8307 101st Ave, Ozone Park, this two-story, three-family home sits on a 20 x 100 ft lot with a 20 x 65 ft footprint, totaling 2400 sq ft of space, plus a full-height basement. Zoned R6B, C2-3, the property offers an additional 1, 600 sq ft of unused FAR for further development. This as-is shell property requires a complete gut renovation and is available for cash or 203K financing only. Situated in a high-traffic area with excellent visibility, it’s ideal for mixed-use, or residential development. Ozone Park is a thriving neighborhood known for its diverse community, strong transit connections, and proximity to major highways and commercial hubs. The area continues to grow, offering nearby amenities, schools, parks, restaurants, and high foot traffic, ensuring great visibility. This location is perfect for businesses or residential projects seeking prime exposure. With vast potential for expansion or transformation, this space offers a rare chance to create something unique. Buyers and agents must conduct their own due diligence and consult with an architect to explore all potential uses of the property. Don’t miss this valuable asset with substantial development potential. Contact us today for more details!