210-23-25 Jamaica Avenue, New York, NY, 11428
$3,299,000
activeLot Size
4,480 sqft
Year Built
1931
Type
Commercial
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
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.
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Listed by Shirley A. Abraham, NYCRB Corp
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