Mixed-Use Office and
8772 146TH ST Jamaica, NY 11435
8772 146TH ST, Jamaica, NY, 11435
$999,000
For Sale
$999,000
Fully detached all-brick property combines a medical office on the first floor with a 3-bedroom apartment above.
Property Size2,480 SF
Price / SF$402.82
Days on Market140
Property Features for 8772 146TH ST
General Information
- Standard status
- Active
- Size
- 2,480 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1920
Listing agency
(718) 490-4885
Listed by
Keller Williams Rlty Landmark
(718) 490-4885
Source
Xome
Added: Mar 4 Updated: Jul 22 at 12:58AM Checked: Jul 22 at 3:51AM
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 Rlty Landmark
Investment Insights
Based on property information with market context.
This fully detached, all-brick mixed-use property includes a professional office unit and a residential apartment. The first floor is currently configured for medical use with a waiting room, two private offices, and three exam rooms. The second floor features a spacious 3-bedroom apartment with a large living room and high ceilings, and there is also a full finished basement offering additional usable space.
Recent upgrades include a new roof, a new gas boiler, and a separate hot water heater. Parking is supported by a party driveway with a private detached garage, and the property is described as conveniently located near transportation, shopping, and major roadways.
The arrangement provides a practical live-work option with dedicated office and residential space under one detached structure.
Recent upgrades include a new roof, a new gas boiler, and a separate hot water heater. Parking is supported by a party driveway with a private detached garage, and the property is described as conveniently located near transportation, shopping, and major roadways.
The arrangement provides a practical live-work option with dedicated office and residential space under one detached structure.
Key Highlights
- Fully detached, all‑brick mixed‑use building with a professional medical office on the first floor and a 3‑bedroom apartment on the second floor
- First‑floor medical office layout includes a waiting room, 2 private offices, and 3 exam rooms
- Second‑floor apartment offers 3 bedrooms with a spacious living room and high ceilings
Local Financial Insights For Office B
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 | $125.0k | $50.40 |
| − Vacancy | −$16.1k | −$6.50 |
| EGI | $108.9k | $43.90 |
| − OpEx | −$27.2k | −$10.97 |
| NOI | $81.7k | $32.92 |
2,480 SF · lease $50.40/SF/yr · vacancy 12.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.17M
$1.02M – $1.36M
NOI $81,651 @ 7.0% cap · market cap 8.17%
Second Best
Healthcare Medical
$816.9K
$714.8K – $953.1K
NOI $57,184 @ 7.0% cap · market cap 5.72%
Theoretical Best
Office A
$1.83M
$1.60M – $2.13M
NOI $127,980 @ 7.0% cap · market cap 12.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Live-work space
Similar For Sale Nearby
FAQs
What type of property is this?
Live-work space - Fully detached all-brick property combines a medical office on the first floor with a 3-bedroom apartment above.
Where is this live-work space located?
The property is located at 8772 146TH ST Jamaica, NY.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Fully detached, all‑brick mixed‑use building with a professional medical office on the first floor and a 3‑bedroom apartment on the second floor; First‑floor medical office layout includes a waiting room, 2 private offices, and 3 exam rooms; Second‑floor apartment offers 3 bedrooms with a spacious living room and high ceilings
