Mixed-Use Building with Retail and
8711 JAMAICA AVE Woodhaven, NY 11421
8711 JAMAICA AVE, Woodhaven, NY, 11421
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For Sale
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Mixed-use building includes a storefront and two upper-floor 3-bedroom apartments.
Property Size1,932 SF
Price / SF$765.47
Days on Market141
Property Features for 8711 JAMAICA AVE
General Information
- Standard status
- Active
- Size
- 1,932 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1931
Listing agency
LANDMARK INTERNATIONAL REAL ESTATE GROUP LLC
(718) 898-8300
Listed by
Guihua Ren
Source
Crexi
Added: Mar 3 Updated: Jul 20 at 8:48PM Checked: Jul 21 at 6:59AM
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 LANDMARK INTERNATIONAL REAL ESTATE GROUP LLC
Investment Insights
Based on property information with market context.
This mixed-use property for sale in Woodhaven includes a storefront on the ground level and two separate 3-bedroom apartments on the upper floors.
The building is situated at 8711 Jamaica Ave, Woodhaven, NY 11421 and is configured to combine retail frontage with residential units above.
As presented, the asset offers a straightforward layout with income-producing apartment space paired with a dedicated retail component.
The building is situated at 8711 Jamaica Ave, Woodhaven, NY 11421 and is configured to combine retail frontage with residential units above.
As presented, the asset offers a straightforward layout with income-producing apartment space paired with a dedicated retail component.
Key Highlights
- Mixed‑use building built in 1931
- Storefront on the ground level
- Two upper‑floor 3‑bedroom apartments
Local Financial Insights For Apartment 5plus
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 | $89.3k | $46.20 |
| − Vacancy | −$3.4k | −$1.76 |
| EGI | $85.9k | $44.44 |
| − OpEx | −$38.6k | −$20.00 |
| NOI | $47.2k | $24.44 |
1,932 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$674.7K
$590.3K – $787.1K
NOI $47,227 @ 7.0% cap · market cap 3.19%
Second Best
Retail
$492.7K
$431.1K – $574.8K
NOI $34,486 @ 7.0% cap · market cap 2.33%
Theoretical Best
Office A
$1.42M
$1.25M – $1.66M
NOI $99,700 @ 7.0% cap · market cap 6.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Stop Barber Shop
Barber Shop
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Mixed-use building includes a storefront and two upper-floor 3-bedroom apartments.
Where is this duplex located?
The property is located at 8711 JAMAICA AVE Woodhaven, NY.
What is the asking price?
The asking price for this property is $1,478,888.
What are key features of this property?
This property features: Mixed‑use building built in 1931; Storefront on the ground level; Two upper‑floor 3‑bedroom apartments