Mixed-Use Building on Jamaica
10808 JAMAICA AVE Jamaica, NY 11418
10808 JAMAICA AVE, Jamaica, NY, 11418
$2,299,000
For Sale
$2,299,000
Multi-unit, fully occupied building near subway on Jamaica Avenue.
Property Size7,616 SF
Price / SF$301.86
Days on Market210
Property Features for 10808 JAMAICA AVE
General Information
- Standard status
- Active
- Size
- 7,616 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 2007
Listing Agency
Daniel Gale of Brooklyn LLC
(631) 423-1180
Listed by
Alex Robayo
(917) 600-7928
Source
Xome
Added: Dec 21, 2025 Checked: Jul 17 at 2:21 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Daniel Gale of Brooklyn LLC
Investment Insights
Based on property information with market context.
This is a multi-unit mixed-use building located on Jamaica Avenue. The property is fully occupied and is situated in close proximity to a subway station, approximately one block away. The property size is 7616 square feet.
Key Highlights
- Prime commercial location on Jamaica Avenue
- Fully occupied multi‑unit mixed‑use building
- Close proximity to subway (one block)
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $182.8k | $24.00 |
| − Vacancy | −$26.0k | −$3.41 |
| EGI | $156.8k | $20.59 |
| − OpEx | −$58.8k | −$7.72 |
| NOI | $98.0k | $12.87 |
7,616 SF · lease $24.00/SF/yr · vacancy 14.20% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$1.40M
$1.23M – $1.63M
NOI $98,018 @ 7.0% cap · market cap 4.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.61M
$4.91M – $6.55M
NOI $393,022 @ 7.0% cap · market cap 17.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Mixed-use properties
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FAQs
What type of property is this?
Mixed-use property - Multi-unit, fully occupied building near subway on Jamaica Avenue.
Where is this mixed-use property located?
The property is located at 10808 JAMAICA AVE Jamaica, NY.
What is the asking price?
The asking price for this property is $2,299,000.
What are key features of this property?
This property features: Prime commercial location on Jamaica Avenue; Fully occupied multi‑unit mixed‑use building; Close proximity to subway (one block)
