Unlock the Potential: $10.5M Dual-Lot Property Ready for Expansion or Redevelopment: Premier investment opportunity featuring a rare double-lot offering with the rear parcel included- ideal for developers, investors, and value-add buyers seeking scale and long-term upside. This exceptional asset combines immediate income potential with significant redevelopment and expansion opportunities, making it a true turnkey + land value play. Located in a rapidly evolving coastal market with strong demand, this property offers the flexibility to build, reposition, or maximize returns in one of NYC’s emerging investment corridors. A chance to secure a high-upside, multi-lot asset in a prime location. Fully compliant with all regulations and free of violations, delivering peace of mind alongside immediate income and future redevelopment potential. Near JFK, the LIRR, MTA, minutes from Atlantic Beach, premier shopping, and the Five Towns area. Lot 119 is 18,808 sq ft & lot 72 is 8181. Call for info
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Listing Snapshot
Price
$10,500,000
Days On Site
7 Days
Bedrooms
N/A
Inside Area (SqFt)
43,120 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.4318 Acres
Year Built
1927
MLS® Number
983322
Status
Active
Property Tax
$33,963.81
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
a week ago
Listing first seen on site
a week ago
Listing updated with changes from the MLS®
General Features
Acres
0.4318
Cross Street
Beach 9th Street
Number Of Stories
4
Parking
Off Street
Property Condition
Updated/Remodeled
Property Sub Type
Multi Family
Security
Fire AlarmFire EscapeOtherSecurity SystemSmoke Detector(s)Window Bars
Sewer
Public Sewer
SqFt Total
43120
Utilities
Natural Gas AvailableElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected
Water Source
Public
Interior Features
Basement
FinishedFullWalk-Out Access
Cooling
Wall/Window Unit(s)
Heating
Natural GasOil
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Exterior Features
Construction Details
Brick
Fencing
FencedFull
Lot Features
Near Public TransitPrivate
Listing courtesy of M & J Partners Realty LLC mberrios@mjpartnersrealty.com
Based on information submitted to the MLS GRID as of 2026-04-18 06:25 AM EDT.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently reviewed
and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Neighborhood & Commute
Source: Walkscore
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