New York, NY 11421

Property

Ownership: For Sale
Type: Multi-Family
Bedrooms: Studio
Pets: No Pets Allowed
Lot Size: 0.05 Acres

Financials

Price:$1,299,000
Annual Taxes:$7,117.52
24-20 Jackson Ave Floor 3 Long Island City, NY 11101, USA
Listing Courtesy of Prime Realty

Prime mixed use income producing property located on high traffic Jamaica Avenue in the heart of Woodhaven, directly beneath the elevated train line, offering exceptional visibility and consistent foot traffic.

Description

Prime mixed-use income-producing property located on high-traffic Jamaica Avenue in the heart of Woodhaven, directly beneath the elevated train line, offering exceptional visibility and consistent foot traffic. Lot Size: 20 x 100 ; Building Size: 20 x 75 (approx. 2,926 SF) This solid two-story brick building consists of: 1 ground-floor commercial storefront with wide frontage and large display windows, ideal for medical, retail, professional office, or service-oriented businesses 2 residential apartments, each configured as one-bedroom units, featuring hardwood floors, updated kitchens and bathrooms, and strong natural light ?? Income & Upside Potential Strong demand for Jamaica Ave storefronts due to constant traffic and established neighborhood businesses Residential units benefit from stable rental demand in Woodhaven Opportunity to increase rents to market levels, creating immediate upside for investors Ideal for investors seeking mixed-use cash flow or owner-users looking to offset expenses with rental income ?? Location Highlights High-exposure commercial corridor Steps to public transportation, shopping, and services Easy access to major roads and surrounding Queens neighborhoods This property offers a rare combination of stable income, future upside, and long-term appreciation potential in an established Queens market. Suitable for 1031 exchange buyers, investors, or end-users looking to maximize return in a high-demand mixed-use corridor. A Must See.

Amenities

  • Electricity Connected
  • Natural Gas Connected
  • Sewer Connected
  • Trash Collection Public
  • 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.