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    OFF-MARKET
    Retail properties & Spaces

    162- 30 86 Ave, Queens, NY 11432

    7,080 SF Built 1931
    Property ID
    Property summary
    AI-generated overview

    This exceptional retail property at 162-30 86th Ave in Queens, NY, presents a compelling investment opportunity. The 7,080 square foot building, constructed in 1931, is a four-story structure situated on a 6,000 square foot lot. The property comprises nine one-bedroom units, each designed for comfortable living, offering strong rental income potential. A significant advantage is the inclusion of a versatile walk-in unit, ideally suited for a medical office or similar professional use, given its high visibility and foot traffic in this bustling Jamaica Hills location. Parking is readily available with five dedicated spaces, including a two-car garage, a rare amenity in this area. The building's high ceilings contribute to a bright and spacious atmosphere. The asking price is $3,200,000. This property offers a blend of residential and commercial potential in a highly desirable and convenient location, making it an attractive investment for discerning buyers. The 11432 zip code ensures easy access to major transportation routes and local amenities. This well-maintained building presents a solid foundation for immediate income and future appreciation.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1931
    Total area 7,080 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Isalis (Bike/Boat/Book/etc) Store
    • Party City Party Supply Store (Bike/Boat/Book/etc) Store
    • Skunk Funk Big Box & Wholesale Store
    • Carl's Trading Co Hat Shop
    • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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