Great opportunity to own a solid high income potential mixed-use building on the busy Jamaica Avenue in Queens Village. This three-unit property features a ground-floor retail space currently leased to a high-quality tenant through 2029 at $3,650/month with 3% annual increases, providing stable and growing cash flow. Above the retail space are two spacious two-bedroom apartments, both of which will be delivered VACANT—offering flexibility for rental income or personal use. There is private yard space with room for parking, accessible via a shared gated driveway on 221st street. The location is incredibly convenient, situated near multiple MTA bus lines, major highways, and just minutes from UBS Arena. With super low annual taxes of only $5,985, this is a rare opportunity to own a turnkey investment in a prime, high-traffic area.

Listing courtesy of EXP Realty mahir@sadman.homes


Based on information submitted to the MLS GRID as of 2025-08-21 05:46 AM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.