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85-05 Jamaica Avenue Queens, NY 11421
$1,580,000
  • For Sale
  • 3 Bedrooms
  • 2 Full Baths
  • Year Built 1931
  • Commercial
  • ML# 3499726

Property Details

Overview

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.

Key Facts

  • Style: Other
  • Lot Sq Ft: 2035
  • Taxes: $5,790
  • School District#: 27
  • Block: 8859
  • Lot: 29

Additional Features

  • Construction Materials: Brick
  • Interior Features: 
    Eat-in Kitchen
  • Parking Spaces: Yes
  • Parking Facilities: On Street

Rooms & Floor Plans

  • Bedroom: 3
  • Full Bath: 2
  • Other: 1

Interior & Utilities

  • Heat: Other, Electric, See Remarks
  • A/C: Wall Unit(s)
  • Water: Public

Financial

  • Taxes: $5,790
Listing Information provided courtesy of EXP Realty  888-276-0630
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