New York, NY 11418

Property

Ownership: For Sale
Type: mixed-use
Bedrooms: Studio

Financials

Price:$1,329,000
Annual Taxes:$7,481
24-20 Jackson Ave Floor 3 Long Island City, NY 11101, USA
Listing Courtesy of Lucid Real Estate LLC

Renovated Mixed Use Building on Jamaica Avenue Excellent Income Producer This very large, renovated mixed use building on Jamaica Avenue offers strong rental income, updated interiors, and desirable layout across ...

Description

Renovated Mixed-Use Building on Jamaica Avenue – Excellent Income Producer This very large, renovated mixed-use building on Jamaica Avenue offers strong rental income, updated interiors, and desirable layout across all floors. • First Floor – Commercial Storefront A fully leased barbershop generating $2,800/month, with a $100 annual rent increase (negotiable). The commercial space includes access to a large, cemented backyard, ideal for storage, workspace, or additional commercial use. • Second Floor – Residential Unit A remodeled 3-bedroom, 2-bathroom apartment featuring a spacious living room, dining room, and kitchen. Currently rented for $2,100/month, with the tenant paying all utilities. No lease in place, offering flexibility for a new owner. • Third Floor – Residential Unit Another updated 3-bedroom, 2-full-bathroom apartment with a living room, dining room, and kitchen. Rented for $2,600/month, with 7 months remaining on the current lease. • Basement – Finished Recreation Level A fully finished basement used as a recreation room, including an enclosed boiler room and a separate entrance from the front of the building—ideal for owner use or additional storage.

Amenities

  • Cable - Available
  • Cable Connected
  • Electricity Available
  • Electricity Connected
  • Electric Range
  • Electric Water Heater
  • ENERGY STAR Qualified Appliances
  • Gas Cooktop
  • Gas Oven
  • Natural Gas Available
  • Refrigerator

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.