$3,500,000

210-23-25 Jamaica Avenue, Queens Village, NY 11428

  • 6,224 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1931
  • Property Lot Size Icon4,356sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $562/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

210-23 & 210-25 Jamaica Avenue offer a turnkey mixed-use investment in the heart of Queens Village. The two contiguous brick buildings rise two stories and total approximately 6,224 square feet on a 0.10-acre lot with 39 feet of prime frontage along heavily trafficked Jamaica Avenue, ensuring strong visibility for retailers and steady foot traffic for residents. Recent capital improvements include a brand-new roof, fresh brick pointing, and new windows, leaving virtually no deferred maintenance. The ground floor features four street-level retail stores, while the second floor contains four renovated apartments. Every tenant pays their own gas, electric, heat, and water, minimizing operating expenses. Combined income from the stores, apartments, billboard signage, and cellar storage produces roughly about $264000 annually—with additional upside as leases mature. Located in a highly walkable neighborhood close to shopping and transit, the property is ideal for 1031-exchange investors, owner-users, or anyone seeking durable cash flow on one of eastern Queens’ most active commercial corridors.

Listing Status:
Active
Listing Office:
NYCRB Corp : 516-712-9262
MLS ID:
891202
  • Basement: Full
  • A/C: Multi Units
  • Heating: Natural Gas

This listing courtesy of NYCRB Corp

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Similar Listings Nearby