Two contiguous lots situated on the eastern side of Jackson Ave & 47th Road. The total lot size is 25' x 80' and the property is occupied by a 25'x 40' three family frame house. The building which will be delivered vacant at closing produces a total income of $41,400 per annum. Located in the heart of Hunters Point, these properties offer a prime development opportunity for residential housing with a M1-5/R7X zoning and 5 F.A.R. (approximately 10,000 buildable square feet). Seventy percent (70%) of the lot is allowed to be developed. All buildable square footage figures and potential uses should be independently verified