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Corner Mixed-Use Investment Property

138-19 Queens Blvd Jamaica, NY 11435

138-19 Queens Blvd, Jamaica, NY, 11435
$5,990,000
For Sale
$5,990,000

COMMERCIAL - Jamaica, NY

Property Size6,580 SF
Lot Size0.11 Acres
Price / SF$910.33
Days on Market8

Property Features for 138-19 Queens Blvd

General Information

Property type
Commercial Sale
Property subtype
Other
Bathrooms
7
Rooms
Bathroom 1, Bathroom 5, Bathroom 2, Bathroom 6, Bathroom 7, Bathroom 4, Bathroom 3
Standard status
Active
Size
6,580 SF
Lot size
0.11 Acres

Taxes and HOA fees

Tax Annual Amount
43437

Utilities

Heating system
Natural Gas, Zoned, Steam

Building Details

Year built
1931
Floors in Building
3
Building materials
Brick
Roof type
Flat
Listing Agency LANDMARK INTERNATIONAL REAL ESTATE GROUP LLC
38-19 UNION ST SUITE 201, FLUSHING, NY
Listed by Lucy Lu
Added: Jul 9 Checked: Jul 16 at 8:06 pm
MLS# 11877517 Listing URL

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This for-sale corner mixed-use investment property is fully occupied and includes two lots with an approximate size of 4,675 square feet, zoned R7X and C2-4 within the Downtown Jamaica special zoning district. The building configuration supports five commercial tenants and seven residential free market tenants, producing an in-place NOI of $350,000 with a 5.84% cap rate. The offering is also described as having development potential.

The property sits at the intersection of Queens Blvd and Jamaica Ave, positioned to benefit from corner visibility.

With a reported property size of 6,580 square feet, the asset combines commercial storefront income with residential tenancy under the stated downtown zoning classifications.

Key Highlights

  • Brick building built in 1931 with flat roof
  • Zoned R7X, C2‑4 and located in the Downtown Jamaica special zoning district
  • Two lots totaling approximately 4,675 sq. ft.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Best Choice Pharmacy Pharmacy

Suggested Use

Hotel & Motel Big Box & Wholesale Store Nursing Home Catering Service Nursing Home Tattoo & Piercing Shop Bed & Breakfast (Bike/Boat/Book/etc) Store Tanning Salon Coworking & Hybrid Office

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

FAQs

What type of property is this?
Mixed-use property - Fully occupied corner mixed-use property with five commercial and seven residential tenants in downtown Jamaica zoning districts.
Where is this mixed-use property located?
The property is located at 138-19 Queens Blvd Jamaica, NY.
What is the asking price?
The asking price for this property is $5,990,000.
What are key features of this property?
This property features: Brick building built in 1931 with flat roof; Zoned R7X, C2‑4 and located in the Downtown Jamaica special zoning district; Two lots totaling approximately 4,675 sq. ft.
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More about this property
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