97-03 Jamaica Ave Queens, NY 11432
- Mixed-use properties
- 1,901 SF
Current Use by Public Records
- M&J LAUNDROMAT / Laundromat
Property Details for 97-03 Jamaica Ave
- Year built
- 1925
- Property size
- 1,901 SF
- Property type
- Mixed-use properties
- Property subtype
- Residential income homes
Description
This mixed-use property at 97-03 Jamaica Avenue, Queens, NY 11432, offers a compelling investment opportunity. Priced at $799,000, this 1,901 square foot building boasts a 100% occupancy rate with two tenants. Constructed in 1925, the two-story structure sits on a ground lease and is zoned R6A, C1-4, allowing for diverse uses. The building comprises a thriving, credit-rated nail salon with a rear extension, providing ample space for business operations. Above the salon, a charming two-bedroom apartment features an eat-in kitchen, a full bathroom, and a bright living room. This unit presents comfortable living potential or additional rental income. The property's prime location at the bustling intersection of Jamaica Avenue and 97th Street ensures high visibility and accessibility. Annual property taxes are $20,185.20. This is a rare chance to acquire a well-established, income-generating mixed-use property in a vibrant Queens neighborhood. The building is owned by WINGTATHONG LLC. Don't miss this chance to secure a strong investment in a high-demand area.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Queens
- County
- Queens
- State
- New York
- Longitude
- -73.7919
- Latitude
- 40.7155
