Mixed-Use Brick
For Lease
$2,498,000
9022 161st Street, Jamaica, NY 11432
Brick mixed-use building with 1 ground-floor restaurant space and four residential apartments across four levels in Jamaica.
Space SizeContact for details
Days on Market49
Property Features for 9022 161st Street
General Information
Standard status
Active
Property subtype
Commercial
Zoning
C4-4D
Additional Details
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$48,597
Building Details
Year Built
2003
Stories
4
Tenancy
Multi
Listing Agency:
Apple Realty Group Corp
(516) 992-2888
Listed By:
Ai Li Voon (lily88vnn@gmail.com)
Source:
Iaquintarealestate
Added: Jul 19
Changed: Aug 24
Last Checked: Sep 4 at 7:10AM
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 Apple Realty Group Corp
Investment Insights
Based on property information with market context.
This mixed-use brick building is arranged with one commercial store on the first floor and four residential units across the second through fourth floors. The first-floor commercial space is currently leased to a restaurant tenant, with rent plus 35% of annual property taxes as additional rent. The second floor includes a rear 1-bedroom unit and a front 2-bedroom unit, and the third floor features a 3-bedroom unit. The fourth floor contains a 3-bedroom unit that is tenant-occupied.
The building is located in Jamaica, Queens, just steps from Jamaica Center. It is positioned close to multiple major retailers and dining options, and it offers convenient transit access near the Jamaica Center–Parsons/Archer Station, including E, J, and Z subway lines, the LIRR, AirTrain JFK, and multiple bus routes.
The property is constructed with solid brick and is zoned C4-4D. Building dimensions are 25.76 by 65, and the lot size is 25.76 by 70.13.
The building is located in Jamaica, Queens, just steps from Jamaica Center. It is positioned close to multiple major retailers and dining options, and it offers convenient transit access near the Jamaica Center–Parsons/Archer Station, including E, J, and Z subway lines, the LIRR, AirTrain JFK, and multiple bus routes.
The property is constructed with solid brick and is zoned C4-4D. Building dimensions are 25.76 by 65, and the lot size is 25.76 by 70.13.
Key Highlights
- Brick mixed‑use building (built 2003) in Jamaica with 1 commercial store and 4 residential apartments across four levels
- First‑floor restaurant space is leased for $5,600/month plus 35% of annual property taxes as additional rent
- Residential income: 1BR at $2,000/month; 2BR at $2,300/month; 3BR (2 baths) at $3,000/month; 3BR (2 baths) at $2,600/month
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
6,098
Businesses Nearby
Explore this area
Business Placement
Demographics for 11432, NY
65,743
Population
21,618
Households
3
Avg Household Size
39
Median Age
36%
College-Educated
80%
High-School Grad
2.0 sq mi
ZIP Area
32,872
Density / Sq Mi
$75,395
Median Household Income
$37,385
Median Earnings
$1,841
Median Rent
$826,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Brick mixed-use building with 1 ground-floor restaurant space and four residential apartments across four levels in Jamaica.
Where is this quadplex located?
The property is located at 9022 161st Street Jamaica, NY.
What is the lease rate?
The lease rate is $2,498,000.
What are key features of this property?
This property features: Brick mixed‑use building (built 2003) in Jamaica with 1 commercial store and 4 residential apartments across four levels; First‑floor restaurant space is leased for $5,600/month plus 35% of annual property taxes as additional rent; Residential income: 1BR at $2,000/month; 2BR at $2,300/month; 3BR (2 baths) at $3,000/month; 3BR (2 baths) at $2,600/month
