210-23-25 Jamaica AVE, Queens Village, NY 11428
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Kevin Kalyan

Kevin Kalyan

+1(516) 593-2800
$ 3,300,000
Est. payment | /mo
Save
$ 3,300,000
Est. payment | /mo
Save

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1052284

Rental Info No

Year Built 1931

Annual Tax Amount $50,698

Property Sub-Type Multi Family

Source onekey2

Property 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.

Location

State NY

County Queens

Rooms

Basement Full

Interior

Heating Natural Gas

Cooling Multi Units

Fireplace No

Exterior

Parking Features On Street

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

High Schools Queens 29

School District Queens 29

Others

Special Listing Condition None

OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by NYCRB Corp • Shirley A. Abraham

Nearby Locations

Kevin Kalyan

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(516) 593-2800

info@goldstarpremier.com

70 Charles Lindbergh Blvd #201, Uniondale, New York 11553, USA

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210-23-25 Jamaica AVE