120-02 Smith St jamaica, NY 11434
This exceptional mixed-use property, located at 120-02 Smith Street in Jamaica, Queens, NY 11434, presents a compelling investment opportunity. The newly constructed, all-brick building boasts 4,659 square feet and sits on a unique lot with three frontages, maximizing parking, sunlight, and ventilation. The property features two units, each with three bedrooms and two bathrooms, spread across two floors. A fully finished basement, complete with a separate entrance, full bathroom, washer/dryer hookups, and a built-in garage with driveway, adds significant value. Both the first and second floors have separate entrances and individual gas and electric meters. High-end finishes include granite countertops, stainless steel appliances, central heating and air conditioning, and hardwood flooring throughout. The open floor plans create a spacious and modern living environment. Its prime location offers easy access to Guy Brewer Boulevard, public transportation, and proximity to John F. Kennedy and LaGuardia Airports. This luxurious property is ideal for both owner-occupants seeking rental income and investors looking for a strong return. The asking price is $1,249,999.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.