8716-8718 Avon Street Jamaica, NY 11432

Listing agency All Island Estates Realty Corporation

Listed by Matthew Shane · License #NY 10311207810

Source Crexi

Added: Apr 12 Updated: Jul 22 at 6:27PM Checked: Jul 22 at 6:27PM

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Investment Insights

Based on property information with market context.

Built in 2014, this fully sprinklered mixed-use property offers 11 units with dedicated medical space, elevator service, and separate utility metering. The building includes 2 penthouses, a private 14-car parking lot, and 9 apartments. The medical component is described as a medical office and lab space totaling 4,350 square feet, with all-new LED lighting and 3-phase power.

The property is located at 8716-8718 Avon Street in Jamaica, NY 11432. The public remarks also note excellent signage.

As presented for sale, the offering is projected to produce net operating income of $331,969, reflected by a stated 6.21 cap. Separate meters are listed, supporting distinct operational control between the residential and medical components.

Key Highlights

• Built in 2014: fully sprinklered 18,000 SF mixed‑use building with medical office/lab and apartments
• Occupied 11‑unit building with room for a medical end‑user, plus a 4,350 SF medical office and lab space
• 2 penthouses and an elevator servicing the building

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FAQs

What type of property is this?

Mixed-use property - New construction occupied 11-unit mixed-use building featuring on-site medical office and lab space.

Where is this mixed-use property located?

The property is located at 8716-8718 Avon Street Jamaica, NY.

What are key features of this property?

This property features: Built in 2014: fully sprinklered 18,000 SF mixed‑use building with medical office/lab and apartments; Occupied 11‑unit building with room for a medical end‑user, plus a 4,350 SF medical office and lab space; 2 penthouses and an elevator servicing the building