8611 Atlantic Ave Jamaica, NY 11421-2950
Property profile & analytics
8611 Atlantic Ave Jamaica, NY 11421-2950
- Retail space
- 6,200 SF
- 0.13 lot acres
Property ID
US63-2064370
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Retail space
Property Details for 8611 Atlantic Ave
- Year built
- 1931
- Lot size
- 0.13 lot acres
- Property size
- 6,200 SF
- Zone code
- R3-1
- Property type
- Retail space
- APN
- 08980-0032
- APU
- 89800032
Description
This exceptional 6,200 square foot warehouse presents a unique investment opportunity in the thriving Woodhaven, NY neighborhood. Situated on a 5,500 square foot lot, the property boasts versatile R3-1 zoning, opening doors to a wide range of commercial uses. Imagine the possibilities: a thriving storage facility, a bustling distribution center, or even a complete redevelopment project tailored to your vision. The expansive interior provides ample space for immediate operations or future expansion, catering to businesses requiring significant square footage. The property's location in Woodhaven offers excellent accessibility, making it an attractive proposition for businesses needing convenient access to transportation routes and a strong local market. This is a rare chance to acquire a substantial warehouse in a desirable area, presenting significant potential for both short-term and long-term returns. The asking price of $2,300,000 reflects the property's size, location, and zoning potential. Serious inquiries are encouraged to explore this compelling investment opportunity further. Don't miss this chance to secure a valuable asset in a dynamic and growing market. The property's size and zoning flexibility make it an ideal candidate for a variety of commercial ventures, ensuring a strong return on investment for the discerning buyer.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,845,000
- 6.5%
- $1,705,000
- 7%
- $1,580,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,519,000
Market price range: $1.52M - $4.34M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $2,295,000
- COMMERCIAL (GENERAL)
- $2,195,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Jamaica
- County
- Queens
- State
- New York
- Longitude
- -73.8553
- Latitude
- 40.6866
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$31,220
$49,500
$245,250
$294,750
-
$110,000
$545,000
$655,000
