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 ...
New York, NY 11418
Listing
| Web ID: | 5723413 |
|---|---|
| Website: | https://www.nestseekers.com/5723413 |
Property
| Ownership: | For Sale |
|---|---|
| Type: | mixed-use |
| Bedrooms: | Studio |
Financials
Price:$1,329,000
Annual Taxes:$7,481
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
Contact
24-20 Jackson Ave Floor 3
Long Island City, NY 11101, USA
Phone: +1 929-442-2208
Listing Courtesy of Lucid Real Estate LLC