New York, NY 11428

Property

Ownership: For Sale
Type: Retail
Bedrooms: Studio

Financials

Price:$3,299,000
Annual Taxes:$47,173.64
24-20 Jackson Ave Floor 3 Long Island City, NY 11101, USA
Listing Courtesy of NYCRB Corp

210 23 amp ; 210 25 Jamaica Avenue offer a turnkey mixed use investment in the heart of Queens Village.

Description

210-23 & 210-25 Jamaica Avenue offer a turnkey mixed-use investment in the heart of Queens Village. The two contiguous brick buildings rise two stories and total approximately 6,224 square feet on a 0.10-acre lot with 39 feet of prime frontage along heavily trafficked Jamaica Avenue, ensuring strong visibility for retailers and steady foot traffic for residents. Recent capital improvements include a brand-new roof, fresh brick pointing, and new windows, leaving virtually no deferred maintenance. The ground floor features four street-level retail stores, while the second floor contains four renovated apartments. Every tenant pays their own gas, electric, heat, and water, minimizing operating expenses. Combined income from the stores, apartments, billboard signage, and cellar storage produces roughly about $264000 annually—with additional upside as leases mature. Located in a highly walkable neighborhood close to shopping and transit, the property is ideal for 1031-exchange investors, owner-users, or anyone seeking durable cash flow on one of eastern Queens’ most active commercial corridors.

Amenities

  • Cable Connected
  • Electricity Connected
  • Natural Gas Connected
  • Phone Connected
  • Sewer Connected
  • Water Connected

Long Island MLS

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.