New York, NY 11418

Property

Ownership: For Sale
Type: mixed-use
Bedrooms: Studio
Lot Size: 0.0 Acres

Financials

Price:$1,288,000
Annual Taxes:$5,988
24-20 Jackson Ave Floor 3 Long Island City, NY 11101, USA
Listing Courtesy of Mitra Hakimi Realty Group LLC

Positioned on the highly visible Jamaica Avenue commercial corridor in the heart of Richmond Hill, 106 17 Jamaica Avenue presents an exceptional mixed use investment opportunity with strong income producing ...

Description

Positioned on the highly visible Jamaica Avenue commercial corridor in the heart of Richmond Hill, 106-17 Jamaica Avenue presents an exceptional mixed-use investment opportunity with strong income-producing potential (1 Retail Storefront and 2 Apartments Above). The first floor features a spacious commercial storefront complete with two half bathrooms, offering excellent exposure to both pedestrian and vehicular traffic. Above, the second-floor residential unit consists of four generously sized bedrooms and one full bathroom, while the third-floor unit offers an additional four-bedroom, one-bathroom layout, creating substantial rental income possibilities. A finished basement provides valuable bonus space and added flexibility for a variety of uses. Conveniently located near the 104th Street station serving the J and Z subway lines, as well as the Q56 bus along Jamaica Avenue, the property offers easy access throughout Queens, Brooklyn, and Manhattan. New owners will also enjoy private 2 car garage! Residents and tenants will enjoy proximity to some of Richmond Hill's most popular destinations, including Forest Park, featuring hiking trails, playgrounds, and recreational facilities. The neighborhood also offers convenient access to the vibrant shopping and dining options along Jamaica Avenue, nearby entertainment venues, and the transportation hub of Jamaica Center. Combining a prime commercial location, multiple residential units, and excellent transportation access, this mixed-use property represents a rare opportunity for investors and owner-users alike.

Amenities

  • Electricity Available
  • Natural Gas Available
  • Water Available

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.