Exceptional mixed use investment opportunity on one of Jamaica s most active commercial corridors.
New York, NY 11432
Listing
| Web ID: | 5749719 |
|---|---|
| Website: | https://www.nestseekers.com/5749719 |
Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
| Bedrooms: | 3 BR |
| Bathrooms: | 2 |
| Lot Size: | 3120 Acres |
Financials
Price:$1,400,000
Description
Exceptional mixed-use investment opportunity on one of Jamaica’s most active commercial corridors. This approximately 3,120-square-foot property offers the income stability of two occupied residential apartments combined with the upside of an approximately 1560 -square-foot vacant ground-floor commercial space.
The retail space was previously operated as a restaurant and includes existing commercial kitchen equipment, available at no additional cost and conveyed as-is, subject to buyer inspection and inventory. Its Jamaica Avenue frontage offers excellent visibility in a well-established retail corridor with consistent pedestrian and vehicle activity.
Ideal for investors, owner-users, restaurant operators, and 1031 exchange buyers seeking a mixed-use asset with in-place residential income and a meaningful lease-up opportunity. The vacant commercial component creates immediate potential to establish a new business, secure a tenant, or reposition the space to match current market demand.
Zoned R6A, C2-4. Buyers are encouraged to conduct their own due diligence regarding zoning, use, permits, equipment, expenses, leases, and all building information.
A compelling opportunity to acquire a well-located mixed-use property with income today and upside for tomorrow. Serious, qualified buyers are invited to schedule a private showing.
Amenities
- Accessible Doors
- Aluminum Frames
- Business Center
- Ceiling Fan(s)
- City
- Eat-in Kitchen
- Electricity Available
- Gas Grill
- Mailbox
- Natural Gas Available
- Near Public Transit
- Near School
- Near Shops
- Other
- Pantry
- Park
- Security System
Contact
Listing Courtesy of Douglas Elliman Real Estate