85-05 Jamaica Ave

queens, NY 11421

$1,580,000

  • 3 BR
    3 BA

INTERESTED? LET'S CONNECT

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.

Details

2,035 Sq Ft Lot Size

Investment

$5,790 Annual Tax

Built in 1931

MLS/Listing ID 838650

2 Units

Amenities & Features

Heating - Electric

Heating - Other

Construction - Brick

Parking - On Street

Lot - Near School

Eat-in Kitchen

Cooling - Wall/window unit(s)

Association - Park

Lot - Near Public Transit

ONEKEY

Source of Data: ONEKEY MLS

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TOTAL MONTHLY COST

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