Discover a golden investment opportunity at 162 25 Liberty Ave, Jamaica, NY 11433.
Website: | https://www.nestseekers.com/3272026 |
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Address: | 162-25 Liberty Avenue Jamaica, NY 11433 |
Cross street: | Merrick Blvd |
Ownership: | For Sale |
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Type: | Commercial |
Bedrooms: | Studio |
Lot Size: | 7000 sq ft |
Financials
Price: | $4,588,000 |
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Annual Taxes: | $25,151 |
Description
Discover a golden investment opportunity at 162-25 Liberty Ave, Jamaica, NY 11433. This one-story, 4,650-square-foot retail strip center is strategically located at the bustling junction of Liberty Avenue and Merrick Blvd. It boasts 15 parking spots on a generous 7,000-square-foot lot and features a lineup of national tenants, including Popeye and Dunkin Donuts, a Restaurant, and a Clothing & shoes store. At an annual net income of $243K+ and an impressive CAP rate of 5.3%, there's immediate potential for additional income. In the vibrant neighborhood of Jamaica, Queens, this property offers a winning combination of location and financial stability. Situated near educational institutions and key transportation hubs, it attracts both students and commuters, guaranteeing foot traffic and visibility. With a well-established tenant roster, 162-25 Liberty Ave. ensures a reliable stream of income. This investment opportunity promises immediate returns and the potential for long-term appreciation, making it an ideal addition to your portfolio. In the heart of Queens, close to CUNY York College and Jamaica Station, high traffic and growth potential converge.
Contact
47-44 Vernon Blvd, Long Island City, NY 11101 Phone: +1718-707-0200 Fax: +1718-707-0233 | |
Courtesy of B Square Realty Inc |