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    Property profile & analytics
    OFF-MARKET Estimated value $1,575,000
    Retail space

    8611 Atlantic Ave, Jamaica, NY 11421-2950

    6,200 SF 0.13 ac lot Built 1931
    Entity Owned ~ Est. High Equity
    Property ID
    US63-2064370
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1931
    Total area 6,200 SF
    Lot 0.13 ac (5,500 SF)
    Zoning code R3-1
    APN 08980-0032
    UPID US63-2064370
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $1.71M
    Comparable Approach Comparable
    $1.52M
    Blend (final) Blend
    $1.58M
    Owner & transaction history
    Ghotra Stars LLC
    Ghotra Stars LLC
    since 2025
    Last sale
    $1.5M
    6 recorded transactions
    2025
    $1.5M
    2022
    2021
    $1.2M
    2021
    $1.1M
    2019
    2004
    Zoning & alternative use
    R3-1 · Jamaica, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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