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85-05 Jamaica Avenue, Woodhaven, NY, 11421 $1,580,000

Commercial For Sale 3 Beds , 2 Full Bath  

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Details ML#: 3499726  

  • Style: Other
  • # of Families: 2
  • Year Built: 1931
  • Taxes: $5,790
  • Status:Active

Description

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.

More Property Details

Room Information

Bedroom: 3   Full Bath: 2   Other: 1  

Property Features

Lot Sq Ft: 2035   Parking Spaces: Yes   Parking Facilities: On Street  

Appliances & Utilities

Heat: Other, Electric, See Remarks   A/C: Wall Unit(s)   Water: Public  

Financial

Taxes: $5,790  

Local Area Information

School District: John Adams High School   Block: 8859   Lot: 29  

Listing Information provided courtesy of EXP Realty  888-276-0630
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