Skip to content
For SaleLuxury

$3,300,000

33 days on market

210-23-25 Jamaica Avenue

Queens Village, NY 11428

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

—

Square feet

1931

Built

Listing narrative

Description

Turnkey mixed-use investment in the heart of Queens Village. Two contiguous two-story brick buildings totaling approximately 6,224 SF on a 0.10-acre lot with 39 feet of frontage on heavily trafficked Jamaica Avenue. Four street-level retail stores plus four apartments. Extensive recent capital work: new roof, brick pointing, new Andersen windows, two new hot water heaters with ten-year warranties, new LED hallway lighting, fully renovated kitchen and bath in the four-bedroom apartment, new kitchens and ceramic flooring, new ceramic entry at 210-25, and freshly painted interior throughout. Virtually no deferred maintenance. All tenants pay their own gas, electric, heat, and water. Current gross income of approximately $281,092 with net operating income of approximately $221,632, projected to approximately $299,712 and $240,252 as leases mature. All commercial space deliverable with ten-year leases. Highly walkable, close to shopping and transit. Ideal for 1031-exchange buyers, owner-users, or investors seeking durable cash flow on one of eastern Queens' most active commercial corridors.

Listing agent (MLS): Shirley A. Abraham · Listing brokerage (MLS): NYCRB Corp

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$3,300,000

Beds

Beds n/a

Type

Commercial

MLS subtype

Multi Family

Home Size

Sqft n/a

Baths

Baths n/a

Year

1931

Status

For Sale

Days on Market

33

· 8% down, 7% APR, 30yr fixed
Loading map…

Courtesy of NYCRB Corp