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    139-20 109Th Ave, Unit 4 Jamaica, NY 11435

    For Sale
    $2,700,000

    Fully renovated commercial property in Jamaica, Queens with strong income.

    Lot size:
    0.11 Acres

    Property Features for 139-20 109Th Ave

    General Information

    Lot size
    0.11 Acres

    Building Details

    Year built
    1950

    Source: Century 21 Milestone Team Rlty Agent Sonia P. Thompson CBR SFR GRI SRES

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

    Overview

    Four-Unit Commercial Gem in Queens

    This is a four-unit commercial property situated on a 5,008 square foot corner lot in Jamaica, Queens. The property is located in a mixed residential and commercial area, with convenient access to JFK airport and major highways. All units have been fully renovated, including a second-story residential unit. The property generates a combined annual rental income of $243,430, with projected growth to $251,406. The current net operating income is $200,430. This property represents a cash-flowing investment opportunity in an in-demand neighborhood.
    Location Intelligence

    Current Use by Public Records

    Sound Chat Radio ... Radio Broadcaster DongFang stainless Supply ... Stainless Steel Plant JAMROCK JERK® Mobile Caterer

    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.

    Similar Places Nearby

    Blossom Marimuthu llc

    Location Insight

    • Map
    • Local Demand
    City
    Jamaica
    County
    Queens
    State
    New York
    Longitude
    -73.852004
    Latitude
    40.67653

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    FAQs

    What type of property is this?
    Storefront property - Fully renovated commercial property in Jamaica, Queens with strong income.
    Where is this storefront property located?
    The property is located at 139-20 109Th Ave, Unit 4 Jamaica, NY.
    What is the asking price?
    The asking price for this property is $2,700,000.
    What are key features of this property?
    This property features: - High Cap Rate: Property boasts a 7+% cap rate, indicating strong investment potential.; - Substantial Rental Income: Generates a combined annual rental income of $243,430 with projected growth to $251,406.; - Fully Renovated Units: All four units are fully renovated, minimizing immediate maintenance costs.
    (917) 453-5485
    Request Owner's contact information
    139-20 109Th Ave, Unit 4 Jamaica, NY 11435
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    Jamaica, NY 11435
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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
    139-20 109Th Ave, Unit 4 Jamaica, NY 11435
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