113-10 Jamaica Ave Queens, NY 11418
This exceptional investment opportunity presents a three-unit multi-family building situated at 113-10 Jamaica Avenue in Queens, NY 11418. The property, built in 1920, encompasses 2,422 square feet on a 2,422 square foot lot and features three units across three stories. The asking price is $1,580,000, translating to $652.35 per square foot. The building is zoned R6A/R4A, allowing for mixed-use development. The ground floor offers a spacious commercial space with high visibility and significant foot traffic potential, ideal for a variety of retail businesses. This presents a remarkable opportunity for investors seeking strong returns in a desirable Queens location. The property's prime location and versatile zoning make it an attractive investment for both seasoned investors and entrepreneurs. All information is deemed reliable but should be independently verified by the buyer. Offers must be submitted in writing, accompanied by proof of funds or a pre-approval letter.
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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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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.