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    Jamaica Ave Queens, NY 11421

    For Sale
    $80,000

    Turnkey Salon, High Traffic Area, Great Lease

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This thriving beauty salon and spa in Queens, New York, presents a unique investment opportunity. Located on Jamaica Avenue in the 11421 zip code, this established business boasts a prime location with high foot traffic, ensuring a steady stream of clientele. The salon features seven styling stations, providing ample space for service providers. A convenient, fully functional bathroom is also included. Adding to the value, a spacious full basement offers significant storage and potential for expansion. Currently operating under an eight-year lease with a monthly rent of $4,200, this provides long-term stability and predictable income. The sale includes all existing equipment and furnishings, making this a truly turnkey operation. The business is fully equipped and ready for immediate operation. Serious inquiries only

    Property Features for 0 Jamaica Ave

    General Information

    Property type
    Office Properties & Spaces

    HighLights

    • Turnkey beauty salon and spa in prime Queens, NY location (Jamaica Avenue, 11421).
    • Seven styling stations and a full bathroom.
    • Spacious full basement for storage and expansion.
    • Eight‑year lease at $4,200/month provides stable income.
    • Includes all equipment and furnishings.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Queens
    County
    Queens
    State
    New York
    Longitude
    -73.8581541
    Latitude
    40.6925837

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    FAQs

    What type of property is this?
    Office Property / Space - Turnkey Salon, High Traffic Area, Great Lease
    Where is this office property / space located?
    The property is located at Jamaica Ave Queens, NY.
    What is the asking price?
    The asking price for this property is $80,000.
    What are key features of this property?
    This property features: Turnkey beauty salon and spa in prime Queens, NY location (Jamaica Avenue, 11421).; Seven styling stations and a full bathroom.; Spacious full basement for storage and expansion.
    Request Owner's contact information
    Jamaica Ave Queens, NY 11421
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    Queens, NY 11421
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Jamaica Ave Queens, NY 11421
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