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Commercial > Mixed Use
Active
08/23/2023
List Price
$1,580,000

8505 Jamaica Ave
Jamaica, NY 11421

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  • 8505 Jamaica Ave, Jamaica, NY 11421 is a 3 bed, 2 bath, 2,720 ft² commercial mixed use property property built in 1931 on a 0.050 acre lot. This commercial mixed use property is currently for sale for $1,580,000, and it was last sold in 2018 for $975,000.

    MLS Description

    The listing agent's description. Original Listing

    This mixed-use 3 units property on Jamaica Ave seamlessly blends commerce with comfort. Ideally suited for retail ventures, the street-level 2000 sqf storefront is the perfect canvas for your dream business or leasing opportunity, guaranteeing an attractive ROI. Above, you'll find two apartments on the 2nd floor. With its prime location on bustling streets, this gem ensures high visibility, incredible foot traffic, and unlimited potential. It's R6A zoning with potential buildable, right next to J/z 85 st train station. Live above your thriving retail space or lease it out for an added income stream. This is a rare find, exquisitely designed to maximize both your personal and professional aspirations. Dive into the dynamic synergy of city living! Don't miss this unique investment opportunity. Current cap rate is 6% and Pro Forma cap rate is 7.5%. Schedule your viewing today.

    Listing Agents

    The listing agent for 8505 Jamaica Ave is Jiangwei Zhou.

    Current Ownership

    Information about the current owner(s).

    Property History

    8505 Jamaica Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

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    School Information

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    Neighborhood

    This property is located in Woodhaven, Jamaica, NY 11421.

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    Copyright © 2024 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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