84-45 164Th St Jamaica, NY 11432
- Retail properties
- 2,800 SF
Current Use by Public Records
- Retail properties
Property Details for 84-45 164Th St
- Year built
- 1931
- Property size
- 2,800 SF
- Property type
- Retail properties
- Property subtype
- Grocery and convenience stores
Description
This exceptional investment opportunity presents a newly renovated 2,800 square foot grocery store located at 84-45 164th Street in Jamaica, Queens, New York. The property, built in 1931 and boasting a two-story structure, is currently vacant and offers significant potential for a new owner. The asking price is $135,000. The building comprises three units, providing ample space for a variety of retail uses. The previous tenant operated a deli for one year, indicating the viability of the location. The property includes a fully equipped kitchen with stoves and refrigerators, as well as seating for customers. A valuable basement provides additional storage space, and a backyard offers further utility. The property is situated in a high-traffic area, promising strong business potential. With a remaining lease term of five years, this presents a compelling opportunity for an investor seeking a strong return in a vibrant Queens neighborhood. The property's zip code is 11432. This is a turnkey operation ready for immediate occupancy.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Jamaica
- County
- Queens
- State
- New York
- Longitude
- -73.8012
- Latitude
- 40.7128
