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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

211-75 Jamaica Ave Queens, NY 11428

1,995 SF 0.05 ac lot
Property ID
Property summary
AI-generated overview

This exceptional retail investment opportunity presents a fully renovated 1,995 square foot property situated on a 0.05-acre lot at 211-75 Jamaica Avenue in Queens, New York, zip code 11428. The property boasts a prime location within a high-traffic area, offering convenient access to various forms of transportation, shopping, and numerous amenities. The building's current income stream is substantial, generating significant returns for the owner. Currently, the ground floor retail space commands a monthly rent of $3,675. Additionally, the second floor features two separate 2-bedroom apartments, each generating a monthly rental income of $2,696. This translates to a combined monthly rental income of $9,067, offering a strong and stable cash flow for the investor. The asking price for this lucrative investment is $1,400,000. This fully renovated property presents a rare opportunity to acquire a high-performing retail investment in a desirable Queens location. The property's strong rental income, prime location, and recent renovations make it an attractive proposition for discerning investors seeking a stable and profitable addition to their portfolio. Don't miss this chance to secure a piece of Queens' thriving commercial real estate market.

Property profile
Verified
Property type Retail properties & Spaces
Total area 1,995 SF
Lot 0.05 ac (2,178 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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