4 PROPERTY PACKAGE DEAL-PRIME POTENTIAL DEVELOPMENT SITE OR CASH FLOW ASSET
FOR SALE | 4-Building Package Deal
8612, 8614, 8616 and 8618 Atlantic Avenue, Ozone Park, Queens
Approximately 10,000 SF Lot
Mixed-Use + Development Opportunity
An exceptional opportunity to acquire four contiguous mixed-use properties—8612, 8614, 8616, and 8618 Atlantic Avenue—offered as a package in the heart of bustling Ozone Park. With a combined lot size of approximately 10,000 square feet (100 ft x 100 ft), this assemblage offers significant as-is cash flow with an available opportunity for value-add plus tremendous redevelopment potential under favorable R5 zoning with a C1-3/C2-3 commercial overlay.
Developers and investors alike can take advantage of a prime corner-to-midblock footprint on a heavily trafficked stretch of Atlantic Avenue, near major transit, JFK Airport, and vibrant neighborhood amenities.
Development Potential (Combined Site):
• Lot Size: ~10,000 SF (four lots)
• Zoning: R5 + C1-3/C2-3 overlay
• Buildable SF (BSF): ~$12,500 SF total
• Estimated Max Stories: 4 total (1 retail + 3 residential)
• Proposed Unit Count: Up to 17 residential units
• Ideal Project: Mixed-use with ground floor retail and upper-floor rental or condo units
Existing Property Breakdown (As-Is):
86-12 Atlantic Avenue
• 3 Free Market Residential Units
86-14 Atlantic Avenue
• 1 Commercial Storefront
• 1 Free Market Residential Units
86-16 Atlantic Avenue
• 2 Free Market Residential Units
86-18 Atlantic Avenue
• Ground Floor:
• 1 Commercial Storefront
• Large Commercial Parking Lot
• Two Private Garages
• Upper Floor:
• 1 Free Market Residential Unit
Location Highlights:
• Major exposure along Atlantic Avenue corridor
• Nearby access to A train, buses, Cross Bay Blvd, and JFK
• Strong area rental demand and continued growth
• Ideal for 1031 exchange, long-term hold, or ground-up redevelopment
Whether you’re looking to generate steady cash flow , develop a multi- mixed-use project, or unlock long-term upside, this portfolio delivers on every front. Don’t miss the chance to control a full development lot with proven value and clear zoning advantages.
Inquire today for full setup sheets and additional information.
* All information should be independently reviewed and verified for accuracy*
Active
$3,500,000
86-16 Atlantic Ave #8612-8618, Ozone Park, NY 11416
9beds
--sqft
Mixed Use
Built in 1980
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Prime corner-to-midblock footprintCorner-to-midblock footprint
- 57 days
- on Zillow |
- 121 |
- 5 |
Zillow last checked: 7 hours ago
Listing updated: 7 hours ago
Listing by:
Bond New York 718-207-8310,
Alessandro Silaco
Source: StreetEasy,MLS#: S1776618
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 9
- Full bathrooms: 9
Interior area
- Total structure area: 0
Property
Details
- Special conditions: Resale
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Mixed Use
Condition
- Year built: 1980
Community & HOA
Community
- Subdivision: Woodhaven
Location
- Region: Ozone Park
Financial & listing details
- Date on market: 6/16/2025
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