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575 MADISON AVENUE, NEW YORK, NY 10022. 212.891.7000 © 2025 DOUGLAS ELLIMAN REAL ESTATE. EQUAL EMPLOYMENT OPPORTUNITY PROVIDER. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES, OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS, AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT, OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY.LISTING DATA REFRESHED ON JUN 17 2025 AT 11:01 AM.

DOUGLAS ELLIMAN IS A LICENSED REAL ESTATE BROKER IN CALIFORNIA WITH LICENSE # 01947727, COLORADO WITH LICENSE # EC100053892, CONNECTICUT WITH LICENSE # REB.0314827, THE DISTRICT OF COLUMBIA WITH LICENSE # REO40000160, FLORIDA WITH LICENSE # CQ1020232, MARYLAND WITH LICENSE # 645270, MASSACHUSETTS WITH LICENSE # 422764, NEVADA WITH LICENSE # 1454643, NEW JERSEY WITH LICENSE # 0572105, NEW YORK WITH LICENSE # 10991211812, TEXAS WITH LICENSE # 9008706, AND VIRGINIA WITH LICENSE # 0226035659.

POWERED BY PURLIN.AI

8618 Atlantic Ave

queens, NY 11416

$3,500,000

  • 9 BR
    9 BA

INTERESTED? LET'S CONNECT

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 properties8612, 8614, 8616, and 8618 Atlantic Avenueoffered 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
Mixed of commercial and residential
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 youre looking to generate steady cash flow , develop a multi- mixed-use project, or unlock long-term upside, this portfolio delivers on every front. Dont 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*

BOND New York Properties is a licensed real estate broker that proudly supports equal housing opportunity.

available on

6/16/2025

Details

Other

$20,040 Annual Tax

Built in 1980

MLS/Listing ID RLS20031260

Amenities & Features

Unfurnished

Pets Allowed

Listing Courtesy of BOND NEW YORK PROPERTIES LLC, ALESSANDRO SILACO

REBNY

Source of Data: REAL ESTATE BOARD OF NEW YORK

Interested in 8618 Atlantic Ave?

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.

©2025 The Real Estate Board of New York, Inc., All rights reserved.