Multi-Storefront Beauty Supply
87-16 Jamaica Avenue Woodhaven, NY 11421
87-16 Jamaica Avenue, Woodhaven, NY, 11421
$2,500,000
For Sale
$2,500,000
Three combined retail storefronts include $2 million in inventory and 10-year lease extensions for two primary locations.
Property Size7,000 SF
Price / SF$357.14
Days on Market251
Property Features for 87-16 Jamaica Avenue
General Information
- Standard status
- Active
- Size
- 7,000 SF
- Property subtype
- Business Opportunity
Listing agency
Keller Williams Landmark II
(347) 612-2964
Listed by
Claudia Looi E-PRO SFR SRS ABR
(347) 612-2964
Source
Cohenandcohenrealty
Added: Nov 13, 2025 Updated: Jul 22 at 7:57AM Checked: Jul 22 at 7:57AM
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 Keller Williams Landmark II
Investment Insights
Based on property information with market context.
For sale: a multi-storefront beauty supply property offering three separate storefronts sold together. The spaces total approximately 7,000 sq. ft. with a configuration of about 2,000 sq. ft., 2,000 sq. ft., and 3,000 sq. ft. The sale includes approximately $2 million in inventory and includes 10 exclusive distribution rights tied to the business.
The operation is described as having 22 years of established presence, with the current owner retiring. The offering also notes 10-year lease extensions for both primary storefront locations, supporting long-term continuity.
The property is located at 87-16 Jamaica Avenue, Woodhaven, NY 11421. The listing states it is easy to show.
The operation is described as having 22 years of established presence, with the current owner retiring. The offering also notes 10-year lease extensions for both primary storefront locations, supporting long-term continuity.
The property is located at 87-16 Jamaica Avenue, Woodhaven, NY 11421. The listing states it is easy to show.
Key Highlights
- Three beauty supply businesses sold together with a total of 7,000 sq. ft. across three storefronts
- Storefront sizes total 7,000 sq. ft. including 2,000 sq. ft., 5,000 sq. ft. (2,000 + 3,000 sq. ft.)
- Includes a combined $2 million in inventory with the sale
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $210.0k | $30.00 |
| − Vacancy | −$31.5k | −$4.50 |
| EGI | $178.5k | $25.50 |
| − OpEx | −$53.6k | −$7.65 |
| NOI | $125.0k | $17.85 |
7,000 SF · lease $30.00/SF/yr · vacancy 15.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.78M
$1.56M – $2.08M
NOI $124,950 @ 7.0% cap · market cap 5.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.16M
$4.52M – $6.02M
NOI $361,234 @ 7.0% cap · market cap 14.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Pretty Beauty Supply ...
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
Similar Off Market Nearby
- Brooklyn Decor & Events — 3390 Atlantic Ave, Brooklyn, NY 11208
- Marys Flower shop — 183 Norwood Ave #11208, Brooklyn, NY 11208
- Victoria Fresh Flowers, INC — 308 Crescent St., Brooklyn, NY 11208
- Floristeria y Variedades Reyes — 77-11 Jamaica Ave, Woodhaven, NY 11421
- Fm Fulton Flower — 3330 Fulton St, Brooklyn, NY 11208
FAQs
What type of property is this?
Storefront property - Three combined retail storefronts include $2 million in inventory and 10-year lease extensions for two primary locations.
Where is this storefront property located?
The property is located at 87-16 Jamaica Avenue Woodhaven, NY.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Three beauty supply businesses sold together with a total of 7,000 sq. ft. across three storefronts; Storefront sizes total 7,000 sq. ft. including 2,000 sq. ft., 5,000 sq. ft. (2,000 + 3,000 sq. ft.); Includes a combined $2 million in inventory with the sale
