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Commercial Property for Auction in New York

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Listing Information

Attachments

Commercial Property for Auction in New York



Price: Not Specified

Other Item Info
Item #: nyebke_420997
Created: 08/20/2018
Category: Real Property > Commercial > Commercial Vacant Land/Building
Sale Location: East Elmhurst, New York
Sale Date: Thu. Sep 13, 2018
Links: www.MaltzAuctions.com
Seller Info
Brendan M. Scott
Trustee's Attorney
570 Seventh Avenue 17th Floor
New York, NY 10018
212-972-3000
Bankruptcy Info
Case #: 1:16-bk-40437
Case Title: 121-08 Jamaica Avenue LLC
Court: New York Eastern Bankruptcy Court
Chapter: 7
View Case Docket

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Real Estate Location

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121-08 Jamaica Avenue
Richmond Hill, NY, 11418

Description

Auction Sale of Commercial Property located in Richmond Hill, New York. The property has 9,100+ Sq Ft Building on 13,900+ Sq Ft Corner Lot. 41,000+/- Sq Ft Buildable Site – Prime Redevelopment Opportunity.

Property Details:

  • 121-08 Jamaica Avenue, Richmond Hill, Queens, NY 11418
  • Ideally Located at the Intersection of 123rd Street & Jamaica Avenue
  • 9,130 Sq Ft Building Operating as “Maracas” Night Club
  • 13,900+ Sq Ft Corner Lot
  • Zoning: R6A with C2-4 Overlay
  • Maximum FAR: 3.0
  • FAR as Built: .59
  • Unused FAR: 32,000+/-
  • Allowable Usable FAR: 41,000+/- Sq Ft
  • Across Street from MTA J/Z Train Access
  • Potential Redevelopment Opportunities Include:
  • 40-Unit Apartment Complex
  • Mixed-Use Building with 35 Residential Units and 5 Commercial Spaces
  • Grandfathered for Potential Cabaret Use
  • Currently Layout:
  • Full Kitchen with Walk-in Boxes
  • Main Dance Floor
  • Bar Area with Refrigeration
  • Public Restrooms
  • Entry Room with Coat Check
  • Stage
  • VIP Lounge Area
  • Owners Room/Office
  • DJ Booth
  • Liquor Storage Room
  • Boiler Room

Sale Location

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102-05 Ditmars Boulevard
East Elmhurst, NY, 11369

Additional Details

Auction Time: 11:00 a.m.

Sale Hearing Held on September 21, 2018 at 9:30 a.m.



Other Information

Terms and Conditions:

See Attached.


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