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    Jamaica Mixed-Use Commercial Building Title is generated by Realmo AI

    148-11 175th Street, Jamaica, NY 11434

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    Claim this Listing
    Pending
    $1,650,000

    COMMERCIAL - Jamaica, NY

    Property size:
    4,620 SF
    Lot size:
    0.06 Acres
    Added:
    Jan 20, 2025
    Days on Market:
    517
    Last Refresh:
    Jun 21 at 4:06 pm

    Property Features for 148-11 175th Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    Size
    4,620 SF
    Lot size
    0.06 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    10000

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    2008
    Floors in Building
    2
    Number of units
    4
    Building materials
    Block

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    Listing Contact
    John C. Gandolfo
    John C. Gandolfo

    Listing agent John C. Gandolfo License #30GA0946823

    Listing office Coldwell Banker American Homes 493 Atlantic Ave, East Meadow, NY

    Listing date Jan 20, 2025

    MLS# 815627

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

    HighLights

    • High Net Operating Income (NOI) of $150,200 and an 8.73% Cap Rate
    • Prime location across from the Motor Vehicle Dept and JFK
    • 4,620 square foot building with 4 units offering diverse income streams (auto mechanic/body shop, luncheonette, and offices)
    • New gas and electric systems, plus an elevator
    • Relatively new construction (built in 2008)
    • M1‑1 Zoning offering flexible usage possibilities

    Overview

    This 4,620 square foot commercial building is located in Jamaica, NY, near JFK Airport and the Motor Vehicle Department. Constructed 17 years ago, the property features four units and M1-1 zoning. The building includes an elevator, new gas and electric systems, four AC units, and four heating units (HVAC). The lot size is 28x100. The ground level has an auto mechanic/auto body shop and a luncheonette. Upstairs are two offices with two common areas, two kitchens, and two full baths. The downstairs garage is leased for $5300 per month until September/October 2026, with the tenant interested in renewal. The luncheonette is leased for $2300 per month until February 2027. The two offices generate approximately $6,000 per month. The owner is responsible for insurance and taxes. Expenses include $10,000 in taxes and $3,000 in insurance. The total income is $163,200, resulting in a net operating income (NOI) of $150,200 and a cap rate of 8.73%.
    Property Profile Location Intelligence

    Current Use by Public Records

    Patriots Deli and Grocery Food Market Nannybag Luggage Storage Storage Facility

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

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

    Similar Places Nearby

    • 157 AUTO COLLISION INC. — 10620 157th St, South Jamaica, NY 11433
    • JNP Service Center Corporation — 156-12 Tuskegee Airmen Way, South Jamaica, NY 11433
    • M&A Auto Repair and Collision — 106-42 157th St, Jamaica, NY 11433
    • New Line Bodyshop INC — 15619 107th Ave, Jamaica, NY 11433
    • Jr Finest Auto Repair Inc. — 15621 107th Ave, Jamaica, NY 11433

    Location Insight

    • Map
    • Local Demand
    City
    Jamaica
    County
    Queens
    State
    New York
    Longitude
    -73.787801
    Latitude
    40.711013

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    FAQs

    What type of property is this?
    Auto shop - 4,620 SF building with four units near JFK Airport.
    Where is this auto shop located?
    The property is located at 148-11 175th Street Jamaica, NY.
    What is the asking price?
    The asking price for this property is $1,650,000.
    What are key features of this property?
    This property features: High Net Operating Income (NOI) of $150,200 and an 8.73% Cap Rate; Prime location across from the Motor Vehicle Dept and JFK; 4,620 square foot building with 4 units offering diverse income streams (auto mechanic/body shop, luncheonette, and offices)
    (516) 779-8423
    We can help!
    Listing Contact
    John C. Gandolfo
    John C. Gandolfo
    Real Estate License ID: 30GA0946823
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