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Property profile & analytics
OFF-MARKET
Retail residential properties

23737 Jamaica Ave Jamaica, NY 11426-1050

3,080 SF 0.06 ac lot Built 1928
Entity Owned 13-yr Hold Free & Clear
Property ID
US63-1343987
Property summary
AI-generated overview

This exceptional mixed-use property at 23737 Jamaica Avenue in Bellerose, New York, presents a compelling investment opportunity. The building features three commercial spaces/stores on the ground floor, ideal for owner-occupancy or leasing to multiple tenants. Above the commercial units are two two-bedroom apartments, providing additional income streams. The property boasts six parking spaces located at the rear, a significant advantage in this area. Its corner location on Jamaica Avenue offers excellent visibility and accessibility. The building is constructed of brick and includes a full basement, providing ample storage space. Situated just a few blocks from the Cross Island Parkway and minutes from major highways, this location offers unparalleled convenience for commuters. The property's proximity to Belmont Park and UBS Arena, along with numerous restaurants, supermarkets, and other amenities such as Starbucks and Dunkin' Donuts, further enhances its appeal. Public transportation is readily available, with bus service at the corner, the Bellerose LIRR approximately 2.1 miles away, and the Jamaica-179 Street Subway Station accessible via a roughly 20-minute bus ride. This property is situated near the Nassau County border. The listed price is $2,177,000. All measurements and square footage are approximate

Property profile
Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 1928
Total area 3,080 SF
Lot 0.06 ac (2,579 SF)
Zoning code R3-2
APN 08000-0002
UPID US63-1343987
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
  • Atlas Homebuyers of NY Inc Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Bellerose Realty LLC · 13 yrs held
Bellerose Realty LLC
since 2013
1 recorded transaction
2013
Price N/A
Zoning & alternative use
R3-2 · Jamaica, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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