$3,300,000
210-23-25 Jamaica Avenue
Queens Village, NY 11428
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Beds
—
Baths
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Square feet
1931
Built
Listing narrative
Description
Turnkey mixed-use investment in the heart of Queens Village. Two contiguous two-story brick buildings totaling approximately 6,224 SF on a 0.10-acre lot with 39 feet of frontage on heavily trafficked Jamaica Avenue. Four street-level retail stores plus four apartments. Extensive recent capital work: new roof, brick pointing, new Andersen windows, two new hot water heaters with ten-year warranties, new LED hallway lighting, fully renovated kitchen and bath in the four-bedroom apartment, new kitchens and ceramic flooring, new ceramic entry at 210-25, and freshly painted interior throughout. Virtually no deferred maintenance. All tenants pay their own gas, electric, heat, and water. Current gross income of approximately $281,092 with net operating income of approximately $221,632, projected to approximately $299,712 and $240,252 as leases mature. All commercial space deliverable with ten-year leases. Highly walkable, close to shopping and transit. Ideal for 1031-exchange buyers, owner-users, or investors seeking durable cash flow on one of eastern Queens' most active commercial corridors.
Property Details
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Price
$3,300,000
Beds
Beds n/a
Type
Multi-Family
Home Size
Sqft n/a
Baths
Baths n/a
Year
1931
Status
For Sale
Days on Market
29
Verified property data
Value, tax & last recorded sale
Estimated home value
Not available
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Public records are available on the full property page.
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Full MLS property history
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