Mixed-Use Property on Jamaica
For Sale
Contact for pricing
85-05 Jamaica Ave, Queens, NY 11421
Mixed-use property with retail storefront and two apartments.
Property Size2,000 SF
Price / SF$790
Days on Market1086
Property Features for 85-05 Jamaica Ave
General Information
Standard status
Active
Size
2,000 SF
Class
C
Property subtype
Mixed Use, Multifamily, Retail
Zoning
R6A
Net Operating Income
$94,836
Building Details
Year Built
1931
Buildings
1
Stories
2
Units
2
Listing Agency:
eXp Commercial
(646) 812-2151
Listed By:
Jiangwei Zhou · License #NY 10301217378
Source:
Crexi
Added: Aug 23, 2023
Changed: Aug 7
Last Checked: May 12 at 8:56PM
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 eXp Commercial
Investment Insights
Based on property information with market context.
This mixed-use property features three units and is located on Jamaica Avenue. The street-level storefront offers 2000 square feet of space, suitable for retail ventures or leasing opportunities. The property also includes two apartments located on the second floor. The property's R6A zoning offers potential buildable options. Situated next to the J/Z 85th Street train station, the location provides high visibility and foot traffic. The property is designed to accommodate both personal and professional aspirations, allowing owners to live above their retail space or lease it out for additional income. The current cap rate is 6%, and the pro forma cap rate is 7.5%.
Key Highlights
- Prime location on Jamaica Ave with high visibility and foot traffic.
- Mixed‑use property with a 2000 sqf street‑level storefront suitable for retail or leasing.
- Two apartments on the 2nd floor offer living or additional income potential.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,075
Businesses Nearby
35k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 55%
Dining 31%
Electronics 9%
Shops & Services 5%
C-Town Supermarkets
Groceries
19,248 visits/mo
0.4 miles
KFC
Dining
5,906 visits/mo
0.1 miles
Boost Mobile
Electronics
3,299 visits/mo
0.3 miles
Domino's Pizza
Dining
2,852 visits/mo
0.2 miles
Little Caesars Pizza
Dining
2,186 visits/mo
0.4 miles
Demographics for 11421, NY
42,586
Population
12,776
Households
3.3
Avg Household Size
38
Median Age
26%
College-Educated
79%
High-School Grad
1.3 sq mi
ZIP Area
32,758
Density / Sq Mi
$89,439
Median Household Income
$40,934
Median Earnings
$1,901
Median Rent
$682,800
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property with retail storefront and two apartments.
Where is this mixed-use property located?
The property is located at 85-05 Jamaica Ave Queens, NY.
What is the asking price?
The asking price for this property is $1,580,000.
What are key features of this property?
This property features: Prime location on Jamaica Ave with high visibility and foot traffic.; Mixed‑use property with a **2000 sqf street‑level storefront** suitable for retail or leasing.; Two apartments on the 2nd floor offer living or additional income potential.
