$5,990,000
13821 Jamaica Avenue
Jamaica, NY 11435
—
Beds
—
Baths
—
Square feet
1931
Built
Listing narrative
Description
Rare opportunity to purchase a fully occupied investment property with development potential located in the Downtown Jamaica special zoning district. The subject includes two lots with an approximate size of 4675 sq. ft. zoned R7X,C2-4. Five commercial plus seven residential, free market tenants make up this cash flowing asset with an NOI of 350K and an in place 5.84% cap rate. A corner property with tremendous visibility at the intersection of Queens Blvd. and Jamaica Ave. make this an incredible cash flow or development opportunity. Detailed income and expenses available upon request.
Property Details
Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.
Price
$5,990,000
Beds
Beds n/a
Type
Multi-Family
Home Size
Sqft n/a
Baths
Baths n/a
Lot Size
0.10 acres
Year
1931
Status
For Sale
Days on Market
71
Verified property data
Value, tax & last recorded sale
Estimated home value
Not available
Automated valuation estimate, not an appraisal. Value and range come from the connected property-data provider.
Public records are available on the full property page.
No record values are inferred or fabricated.
Full MLS property history
Confirmed unavailable from Atlas — listing-feed integration required for listing, relisting, price-change, status, pending, sold, withdrawn and expired events.
Courtesy of Landmark International R E LLC
