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Property Description

This mixed-use 3 units property on Jamaica Ave seamlessly blends commerce with comfort. Ideally suited for retail ventures, the street-level 2000 sqf storefront is the perfect canvas for your dream business or leasing opportunity, guaranteeing an attractive ROI. Above, you’ll find two apartments on the 2nd floor. With its prime location on bustling streets, this gem ensures high visibility, incredible foot traffic, and unlimited potential. It’s R6A zoning with potential buildable, right next to J/z 85 st train station. Live above your thriving retail space or lease it out for an added income stream. This is a rare find, exquisitely designed to maximize both your personal and professional aspirations. Dive into the dynamic synergy of city living! Don’t miss this unique investment opportunity. Current cap rate is 6% and Pro Forma cap rate is 7.5%. Schedule your viewing today.

Features
Heating System:
Electric, Other
Cooling System:
Wall/window Unit(s)
Basement:
Full, See Remarks, Unfinished
Interior Features:
Eat-in Kitchen
Lot Features:
Near Public Transit, Near School, Near Shops
Parking Features:
On Street
Sewer:
Public Sewer
Utilities:
See Remarks
Address Map
City:
NY
State:
NY
County:
Queens
Property and Construction
Architectural Style:
Other
Association Amenities:
Park
Development Status:
Brick
High School:
Epic High School-South
Agent MlsId:
185241
Office MlsId:
EXP05
MiddleOrJunior School:
John Adams High School
Number Of Units:
2
Special Listing Conditions:
No
Tax Annual Amount:
$5,790
Water Source:
Public
PhotosCount:
20

Residential Income For Sale

85-05 Jamaica Avenue, New York, NY

3 Bedrooms
3 Bathrooms
$1,580,000
Listing ID #838650
Basic Details
Property Type :
Residential Income
Property SubType :
Duplex
Listing ID :
838650
Price :
$1,580,000
Bedrooms :
3
Bathrooms :
3
Bathrooms Total :
3
Year Built :
1931
Status :
Active
Status :
Active
Listing Office :
EXP Realty
Listing Agent :
Jiangwei Zhou
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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