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Property profile & analytics
OFF-MARKET
Investment properties

19617 Jamaica Ave Jamaica, NY 11423-2641

2,156 SF 0.05 ac lot Built 1931
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US63-6078308
Property summary
AI-generated overview

This exceptional mixed-use property presents a lucrative investment opportunity in the thriving Hollis, NY market. Situated at 19617 Jamaica Avenue, this building benefits from significant foot and vehicle traffic, ensuring high visibility and accessibility for both commercial and residential tenants. The property encompasses a total of 2,156 square feet, distributed equally between commercial and residential space. The ground floor comprises a 1,078 square foot commercial space, currently operating as a retail store, offering immediate income potential. Upstairs, two apartments, each totaling 1,078 square feet, provide additional rental income streams. The property sits on a conveniently sized 0.06-acre lot, providing ample space for potential future expansion or outdoor amenities. Given its prime location, substantial square footage, and existing income-generating components, this mixed-use property is ideally suited for savvy investors seeking a strong return on investment in a dynamic and rapidly developing area. The property's current configuration offers immediate cash flow, while the substantial size presents opportunities for future development and value appreciation. This is a rare opportunity to acquire a well-positioned mixed-use asset in a high-demand area. Don't miss out on this chance to secure a valuable piece of Hollis real estate.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1931
Total area 2,156 SF
Lot 0.05 ac (2,394 SF)
Zoning code R5
APN 10464-0042
UPID US63-6078308
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
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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
$541,428
2007
$325,000
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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