Property
Ownership: | For Sale |
---|---|
Type: | mixed-use |
Bedrooms: | Studio |
Pets: | Pets No |
Financials
24-20 Jackson Ave Floor 3
Long Island City, NY 11101, USA
Phone: +1 929-442-2208
Listing Courtesy of NYCRB Corp
Description** Prime Jamaica Avenue Package Deal – Double the Income, Double the Opportunity! **
Two neighboring commercial properties offered together as a rare package in the heart of Hollis! Located at 190-27 & 190-29 Jamaica Ave, this duo delivers high visibility, strong existing cash flow, and unbeatable long-term upside.
* Income Snapshot
190-27 Jamaica Ave
• Unit 1 – Tenant 1: $3,500/mo ($42,000/yr), $100 annual increase, lease exp. 1/31/28
• Unit 2F – Tenant 2: $1,900/mo ($22,800/yr), residential, lease exp. 9/29/25
• Unit 2R – Tenant 3: $1,400/mo ($16,800/yr), residential, lease exp. 1/31/27
• Total: $6,800/mo | $81,600/yr
190-29 Jamaica Ave
• Unit 2L – Tenant 1: $1,567/mo ($18,804/yr), residential, lease exp. 5/1/26
• Unit 2R – Tenant 2: $2,400/mo ($28,800/yr), residential, lease exp. 9/1/26
• Unit B – Tenant 3: $2,200/mo ($26,400/yr), 3% increase every 2 years, lease exp. 3/31/30
• Parking: $100/mo ($1,200/yr), 3% increase every 2 years, lease exp. 3/31/30
• Unit B – Tenant 4: $3,038.50/mo ($36,462/yr), 3% annual increase, lease exp. 3/14/27
• Total: $9,305.50/mo | $111,666/yr
**Combined Income (Both Properties): $16,105.50/mo | $193,266/yr
Expense Snapshot
190-27 Jamaica Ave
Insurance: $7,060
Internet/Camera: $3,129.50
Electric: Paid by tenants
Water: Paid by tenants
Total Expenses: $10,189.50
190-29 Jamaica Ave
Electric (landlord): $10,080
NYC Central Rail: $9,360
Insurance: $8,785
Water: $17,894.50
Total Expenses: $46,119.50
Combined Expenses: $56,309.00
Net Operating Income (NOI): $136,957.00
Year Built 1933 and 1972
Irregular Lot 42x104
** Property Highlights:
• Side-by-side buildings — Rare Package Opportunity!
• Steady cash flow with built-in upside through escalations & renewals
• Prime Jamaica Ave frontage with massive foot & vehicle traffic
• Surrounded by thriving retail, dining, and service businesses
• Excellent accessibility — close to major roadways, buses, and LIRR
• Perfect for investors, developers, or owner-users seeking long-term growth
** Whether you’re seeking cash flow stability, value-add potential, or a future redevelopment play, this package is a can’t-miss investment in one of Queens’ most active commercial corridors.
** Don’t miss your chance to own a trophy location on Jamaica AvenueAmenities- Cable Connected
- Corner Lot
- Electricity Connected
- Natural Gas Connected
- Phone Connected
- Sewer Connected
- Water Connected
** Prime Jamaica Avenue Package Deal – Double the Income, Double the Opportunity! **
Two neighboring commercial properties offered together as a rare package in the heart of Hollis! Located at 190-27 & 190-29 Jamaica Ave, this duo delivers high visibility, strong existing cash flow, and unbeatable long-term upside.
* Income Snapshot
190-27 Jamaica Ave
• Unit 1 – Tenant 1: $3,500/mo ($42,000/yr), $100 annual increase, lease exp. 1/31/28
• Unit 2F – Tenant 2: $1,900/mo ($22,800/yr), residential, lease exp. 9/29/25
• Unit 2R – Tenant 3: $1,400/mo ($16,800/yr), residential, lease exp. 1/31/27
• Total: $6,800/mo | $81,600/yr
190-29 Jamaica Ave
• Unit 2L – Tenant 1: $1,567/mo ($18,804/yr), residential, lease exp. 5/1/26
• Unit 2R – Tenant 2: $2,400/mo ($28,800/yr), residential, lease exp. 9/1/26
• Unit B – Tenant 3: $2,200/mo ($26,400/yr), 3% increase every 2 years, lease exp. 3/31/30
• Parking: $100/mo ($1,200/yr), 3% increase every 2 years, lease exp. 3/31/30
• Unit B – Tenant 4: $3,038.50/mo ($36,462/yr), 3% annual increase, lease exp. 3/14/27
• Total: $9,305.50/mo | $111,666/yr
**Combined Income (Both Properties): $16,105.50/mo | $193,266/yr
Expense Snapshot
190-27 Jamaica Ave
Insurance: $7,060
Internet/Camera: $3,129.50
Electric: Paid by tenants
Water: Paid by tenants
Total Expenses: $10,189.50
190-29 Jamaica Ave
Electric (landlord): $10,080
NYC Central Rail: $9,360
Insurance: $8,785
Water: $17,894.50
Total Expenses: $46,119.50
Combined Expenses: $56,309.00
Net Operating Income (NOI): $136,957.00
Year Built 1933 and 1972
Irregular Lot 42x104
** Property Highlights:
• Side-by-side buildings — Rare Package Opportunity!
• Steady cash flow with built-in upside through escalations & renewals
• Prime Jamaica Ave frontage with massive foot & vehicle traffic
• Surrounded by thriving retail, dining, and service businesses
• Excellent accessibility — close to major roadways, buses, and LIRR
• Perfect for investors, developers, or owner-users seeking long-term growth
** Whether you’re seeking cash flow stability, value-add potential, or a future redevelopment play, this package is a can’t-miss investment in one of Queens’ most active commercial corridors.
** Don’t miss your chance to own a trophy location on Jamaica Avenue
- Cable Connected
- Corner Lot
- Electricity Connected
- Natural Gas Connected
- Phone Connected
- Sewer Connected
- Water Connected
Prime Jamaica Avenue Package Deal Double the Income, Double the Opportunity !
Description** Prime Jamaica Avenue Package Deal – Double the Income, Double the Opportunity! **
Two neighboring commercial properties offered together as a rare package in the heart of Hollis! Located at 190-27 & 190-29 Jamaica Ave, this duo delivers high visibility, strong existing cash flow, and unbeatable long-term upside.
* Income Snapshot
190-27 Jamaica Ave
• Unit 1 – Tenant 1: $3,500/mo ($42,000/yr), $100 annual increase, lease exp. 1/31/28
• Unit 2F – Tenant 2: $1,900/mo ($22,800/yr), residential, lease exp. 9/29/25
• Unit 2R – Tenant 3: $1,400/mo ($16,800/yr), residential, lease exp. 1/31/27
• Total: $6,800/mo | $81,600/yr
190-29 Jamaica Ave
• Unit 2L – Tenant 1: $1,567/mo ($18,804/yr), residential, lease exp. 5/1/26
• Unit 2R – Tenant 2: $2,400/mo ($28,800/yr), residential, lease exp. 9/1/26
• Unit B – Tenant 3: $2,200/mo ($26,400/yr), 3% increase every 2 years, lease exp. 3/31/30
• Parking: $100/mo ($1,200/yr), 3% increase every 2 years, lease exp. 3/31/30
• Unit B – Tenant 4: $3,038.50/mo ($36,462/yr), 3% annual increase, lease exp. 3/14/27
• Total: $9,305.50/mo | $111,666/yr
**Combined Income (Both Properties): $16,105.50/mo | $193,266/yr
Expense Snapshot
190-27 Jamaica Ave
Insurance: $7,060
Internet/Camera: $3,129.50
Electric: Paid by tenants
Water: Paid by tenants
Total Expenses: $10,189.50
190-29 Jamaica Ave
Electric (landlord): $10,080
NYC Central Rail: $9,360
Insurance: $8,785
Water: $17,894.50
Total Expenses: $46,119.50
Combined Expenses: $56,309.00
Net Operating Income (NOI): $136,957.00
Year Built 1933 and 1972
Irregular Lot 42x104
** Property Highlights:
• Side-by-side buildings — Rare Package Opportunity!
• Steady cash flow with built-in upside through escalations & renewals
• Prime Jamaica Ave frontage with massive foot & vehicle traffic
• Surrounded by thriving retail, dining, and service businesses
• Excellent accessibility — close to major roadways, buses, and LIRR
• Perfect for investors, developers, or owner-users seeking long-term growth
** Whether you’re seeking cash flow stability, value-add potential, or a future redevelopment play, this package is a can’t-miss investment in one of Queens’ most active commercial corridors.
** Don’t miss your chance to own a trophy location on Jamaica AvenueAmenities- Cable Connected
- Corner Lot
- Electricity Connected
- Natural Gas Connected
- Phone Connected
- Sewer Connected
- Water Connected
** Prime Jamaica Avenue Package Deal – Double the Income, Double the Opportunity! **
Two neighboring commercial properties offered together as a rare package in the heart of Hollis! Located at 190-27 & 190-29 Jamaica Ave, this duo delivers high visibility, strong existing cash flow, and unbeatable long-term upside.
* Income Snapshot
190-27 Jamaica Ave
• Unit 1 – Tenant 1: $3,500/mo ($42,000/yr), $100 annual increase, lease exp. 1/31/28
• Unit 2F – Tenant 2: $1,900/mo ($22,800/yr), residential, lease exp. 9/29/25
• Unit 2R – Tenant 3: $1,400/mo ($16,800/yr), residential, lease exp. 1/31/27
• Total: $6,800/mo | $81,600/yr
190-29 Jamaica Ave
• Unit 2L – Tenant 1: $1,567/mo ($18,804/yr), residential, lease exp. 5/1/26
• Unit 2R – Tenant 2: $2,400/mo ($28,800/yr), residential, lease exp. 9/1/26
• Unit B – Tenant 3: $2,200/mo ($26,400/yr), 3% increase every 2 years, lease exp. 3/31/30
• Parking: $100/mo ($1,200/yr), 3% increase every 2 years, lease exp. 3/31/30
• Unit B – Tenant 4: $3,038.50/mo ($36,462/yr), 3% annual increase, lease exp. 3/14/27
• Total: $9,305.50/mo | $111,666/yr
**Combined Income (Both Properties): $16,105.50/mo | $193,266/yr
Expense Snapshot
190-27 Jamaica Ave
Insurance: $7,060
Internet/Camera: $3,129.50
Electric: Paid by tenants
Water: Paid by tenants
Total Expenses: $10,189.50
190-29 Jamaica Ave
Electric (landlord): $10,080
NYC Central Rail: $9,360
Insurance: $8,785
Water: $17,894.50
Total Expenses: $46,119.50
Combined Expenses: $56,309.00
Net Operating Income (NOI): $136,957.00
Year Built 1933 and 1972
Irregular Lot 42x104
** Property Highlights:
• Side-by-side buildings — Rare Package Opportunity!
• Steady cash flow with built-in upside through escalations & renewals
• Prime Jamaica Ave frontage with massive foot & vehicle traffic
• Surrounded by thriving retail, dining, and service businesses
• Excellent accessibility — close to major roadways, buses, and LIRR
• Perfect for investors, developers, or owner-users seeking long-term growth
** Whether you’re seeking cash flow stability, value-add potential, or a future redevelopment play, this package is a can’t-miss investment in one of Queens’ most active commercial corridors.
** Don’t miss your chance to own a trophy location on Jamaica Avenue
- Cable Connected
- Corner Lot
- Electricity Connected
- Natural Gas Connected
- Phone Connected
- Sewer Connected
- Water Connected

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.