Building Details

Building Size 3,180 SF

Year Built 1930

Units 3

Listing Agency: E Realty International Corp s***@hotmail.com Show Phone

Listed By: Hsin Yuan Yang · License #10311205376 Show Phone

Source: Croninreale

Added: May 18 Changed: Oct 23 Last Checked: Oct 23 at 9:51AM

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Investment Insights

Based on property information with market context.

This mixed-use property combines ground-floor retail space with two residential units on the upper level. The building was constructed in 1930 and contains 3,180 in property-size data.

The property is at 95-18 Jamaica Avenue in Woodhaven, New York.

Key Highlights

• Ground‑floor retail space with two residential units above
• Built in 1930
• Located at 95‑18 Jamaica Avenue, Woodhaven, NY 11421

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$77,733

Cap Rate

6.49%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,554,660 $1.6M

Cap Rate 7%

$1,110,471 $1.1M

Cap Rate 9%

$863,700 $863.7K

Is this asking price fair?

Market Conditions

NOI Build-Up for 3,180 SF

Gross rent

$146.9K $46.20/SF

− Vacancy

−$5.6K −$1.76/SF

EGI

$141.3K $44.44/SF

− OpEx

−$63.6K −$20.00/SF

NOI

$77.7K $24.44/SF

Area

Queens County, NY

Vacancy

3.80%

Lease Rate

$46.20 /SF/Yr

Expense Ratio

45.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,554,660

Cap Rate 7%

$1,110,471

Cap Rate 9%

$863,700

Alternative Uses

Best Use

Apartment 5plus

$1.11M

$971.7K – $1.30M (±1% cap)

NOI $77,733 @ 7.0% cap · market cap 6.49%

Second Best

Retail

$810.9K

$709.5K – $946.1K (±1% cap)

NOI $56,763 @ 7.0% cap · market cap 4.74%

Theoretical Best

Office A

$2.34M

$2.05M – $2.74M (±1% cap)

NOI $164,103 @ 7.0% cap · market cap 13.70%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Parking Lot & Garage Gym & Fitness Center Cafe & Coffee Shop Catering Service Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2

Residential units

Location Intelligence

Trade Area within ½ mile

1,983

Businesses Nearby

46k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Groceries 75% Shops & Services 14% Dining 11%

C-Town Supermarkets Groceries

19,248 visits/mo 0.1 miles

Western Beef Groceries

15,102 visits/mo 0.5 miles

Family Dollar Shops & Services

5,867 visits/mo 0.3 miles

Domino's Pizza Dining

2,852 visits/mo 0.2 miles

Little Caesars Pizza Dining

2,186 visits/mo 0.1 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

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Commercial space occupies the street level, with two homes above.

Where is this mixed-use property located?

The property is located at 95-18 Jamaica Avenue Woodhaven, NY.

What is the asking price?

The asking price for this property is $1,198,000.

What are key features of this property?

This property features: Ground‑floor retail space with two residential units above; Built in 1930; Located at 95‑18 Jamaica Avenue, Woodhaven, NY 11421