Queens NY, 11421
$1,580,000
Commercial
For Sale
3 Beds
, 2 Full Bath
Details
ML#: 3499726
- Style: Other
- # of Families: 2
- Year Built: 1931
- Taxes: $5,790
- Status:Active
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.
More Property Details
Bedroom: 3
Full Bath: 2
Other: 1
Lot Sq Ft: 2035
Parking Spaces: Yes
Parking Facilities: On Street
Heat: Other, Electric, See Remarks
A/C: Wall Unit(s)
Water: Public
Taxes: $5,790
School District#: 27
Block: 8859
Lot: 29
Listing Information provided courtesy of
EXP Realty
888-276-0630