211-75 Jamaica Ave Queens, NY 11428
- Retail properties
- 1,995 SF
- 0.05 lot acres
Current Use by Public Records
- Retail properties
Property Details for 211-75 Jamaica Ave
- Lot size
- 0.05 lot acres
- Property size
- 1,995 SF
- Property type
- Retail properties
Description
This exceptional retail investment opportunity presents a fully renovated 1,995 square foot property situated on a 0.05-acre lot at 211-75 Jamaica Avenue in Queens, New York, zip code 11428. The property boasts a prime location within a high-traffic area, offering convenient access to various forms of transportation, shopping, and numerous amenities. The building's current income stream is substantial, generating significant returns for the owner. Currently, the ground floor retail space commands a monthly rent of $3,675. Additionally, the second floor features two separate 2-bedroom apartments, each generating a monthly rental income of $2,696. This translates to a combined monthly rental income of $9,067, offering a strong and stable cash flow for the investor. The asking price for this lucrative investment is $1,400,000. This fully renovated property presents a rare opportunity to acquire a high-performing retail investment in a desirable Queens location. The property's strong rental income, prime location, and recent renovations make it an attractive proposition for discerning investors seeking a stable and profitable addition to their portfolio. Don't miss this chance to secure a piece of Queens' thriving commercial real estate market.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Queens
- County
- Queens
- State
- New York
- Longitude
- -73.7469
- Latitude
- 40.7159