- Subject property is a corner mixed-use building consisting of 3 commercial units and 2 residential units.
- Property has great exposure and is located on a very busy intersection of Jamaica Avenue & 217th Street with the LIRR being right across the street.
- Property has approximately 2,840 SF of unused square footage and another floor can be added on in the future.
- Price ~ $1,500,000
- Cap Rate ~ 5.7%
- GRM ~ 12.91
Jamaica Avenue Queens, NY 11428
$1,500,000.00
Details
- Subject property is a corner mixed-use building consisting of 3 commercial units and 2 residential units.
- Property has great exposure and is located on a very busy intersection of Jamaica Avenue & 217th Street with the LIRR being right across the street.
- Property has approximately 2,840 SF of unused square footage and another floor can be added on in the future.
- Price ~ $1,500,000
- Cap Rate ~ 5.7%
- GRM ~ 12.91
Additional Information
| Asset Type | Mixed-Use |
|---|---|
| City | Queens |
| Neighborhood | Queens Village |
| Broker | Mike Sezan |
| Price | $1,500,000 |
Map
Get in Touch for More Details
Related products
-
Property is currently 100% leased
Strong retail corridor with heavy foot and car traffic on both sides of the streets
All tenants have 3% annual rental increases -
Development Opportunity on West 128th St. Vacant Lot
-
This is a development opportunity. Burger King franchisee will vacate; the seller has a negotiated number to buy out the tenant. The tenant would like to come back to the property and lease space if possible. Buyer has this option.
