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

$3,299,000

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List Price
$3,299,000
MLS#
989502
Status
ACTIVE
Lot Size
4480

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.

Additional Information

Year Built
1931
Total Taxes
47173
Heating
Natural Gas
Basement
Full
Water
Public
Sewer
Public Sewer
Taxes
$47,173

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Listing courtesy of Listing Agent: Shirley A. Abraham (shirleyaabraham@gmail.com) from Listing Office: NYCRB Corp.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.