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    172-12 Linden Blvd Jamaica, NY 11434

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    For Sale
    $1,195,000

    Well-maintained mixed-use property with commercial space and apartments.

    Lot size:
    0.05 Acres

    Property Features for 172-12 Linden Blvd

    General Information

    Lot size
    0.05 Acres

    Building Details

    Year built
    1931

    Source: Charles Rutenberg Realty Inc Agent Richard A. Diller

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Property with Upgrades

    This mixed-use property features a commercial space, a one-bedroom apartment, and a two-bedroom apartment. The two-bedroom apartment has been renovated and will be delivered vacant. The one-bedroom unit is available vacant on a month-to-month basis. The commercial space is currently rented to an assembly member and includes a modern, large kitchen and a newly installed conference room. The commercial tenant pays for their central air conditioning. All tenants are responsible for their own electric costs. The property has several upgrades, including a new hot water heater, a new boiler, updated windows, and a recently replaced roof. Located at the intersection of Linden Blvd and Merrick Blvd in Queens, the area is undergoing a zoning change process to allow for higher density, specified as R7, R7-1, and R7-2, although this change has not yet been fully approved by the Zoning Board.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jamaica
    County
    Queens
    State
    New York
    Longitude
    -73.856648
    Latitude
    40.669748

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    FAQs

    What type of property is this?
    Mixed-use property - Well-maintained mixed-use property with commercial space and apartments.
    Where is this mixed-use property located?
    The property is located at 172-12 Linden Blvd Jamaica, NY.
    What is the asking price?
    The asking price for this property is $1,195,000.
    What are key features of this property?
    This property features: - Two-bedroom apartment recently renovated and delivered vacant.; - Strategic location at the intersection of Linden Blvd and Merrick Blvd.; - Commercial space rented to an Assembly member, in excellent condition with modern kitchen and new conference room.
    (516) 639-0021
    Request Owner's contact information
    172-12 Linden Blvd Jamaica, NY 11434
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    172-12 Linden Blvd Jamaica, NY 11434
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