211-75 Jamaica Ave Queens, NY 11428
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.
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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.