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Jamaica Avenue
Queens Village, Queens, NY
$1,159,999 Price
- Bedrooms   - Baths
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Photo 1 of Jamaica Avenue, Queens Village, Queens, NY, $1,159,999, Web #: 843433Previous PhotoNext Photo1 of 23

Great opportunity to own a solid high income potential mixed-use building on the busy Jamaica Avenue in Queens Village. This three-unit property features a ground-floor retail space currently leased to a high-quality tenant through 2029 at $3,650/month with 3% annual increases, providing stable and growing cash flow. ...

Great opportunity to own a solid high income potential mixed-use building on the busy Jamaica Avenue in Queens Village. This three-unit property features a ground-floor retail space currently leased to a high-quality tenant through 2029 at $3,650/month with 3% annual increases, providing stable and growing cash flow. Above the retail space are two spacious two-bedroom apartments, both of which will be delivered VACANT—offering flexibility for rental income or personal use. There is private yard space with room for parking, accessible via a shared gated driveway on 221st street. The location is incredibly convenient, situated near multiple MTA bus lines, major highways, and just minutes from UBS Arena. With super low annual taxes of only $5,985, this is a rare opportunity to own a turnkey investment in a prime, high-traffic area.

Listing courtesy of Exp Realty

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

Queens Village, Queens, NY
Type:
Price: $1,159,999
Web ID: 843433

Info & Amenities

Built: 1931

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