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Property profile & analytics
OFF-MARKET
Investment properties

19619 Jamaica Ave Jamaica, NY 11423-2641

2,338 SF 0.05 ac lot Built 1931
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US63-0214666
Property summary
AI-generated overview

This exceptional mixed-use property in the vibrant Hollis neighborhood presents a compelling investment opportunity. Situated on a 0.05-acre lot at 19619 Jamaica Avenue, this building boasts a strategic location with high foot and vehicle traffic, ensuring excellent visibility and accessibility. The property comprises two distinct components: a thriving commercial space and a residential section. The ground floor encompasses 1,169 square feet currently operating as a successful pharmacy, providing a stable income stream. The second floor offers two apartments, each contributing to the property's overall rental income potential. The residential space also totals 1,169 square feet, mirroring the commercial area in size. This balanced configuration offers a unique blend of commercial and residential income, making it an attractive investment for both seasoned and emerging investors. The property's prime location in Hollis, combined with its substantial size and existing income-generating tenants, positions it for continued growth and profitability. This is a rare opportunity to acquire a well-established mixed-use property in a high-demand area. The property is priced at $949,000, reflecting its strong potential for return on investment. Serious inquiries are encouraged.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1931
Total area 2,338 SF
Lot 0.05 ac (2,283 SF)
Zoning code R5
APN 10464-0041
UPID US63-0214666
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Jamaicaena LLC · 8 yrs held
Jamaicaena LLC
since 2018
6 recorded transactions
2021
Price N/A
2019
Price N/A
2018
$591,428
2004
$210,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
R5 · Jamaica, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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