Welcome to this Investment opportunity, a one of a kind 4-unit commercial gem . All units fully renovated with a 2nd story residential unit. Located in the heart of Jamaica, Queens on a spacious 5,008 sq ft, corner lot, just minutes from JFK airport, major highways and surrounded by a mix of residential and commercial developments. Property features a cap rate of 7+% with 4 solid tenants, a combined annual rental income of $243,430 with projected growth of $251,406. Current NOI $200,430. Don’t miss this opportunity to secure a cash- flow investment in one of Queens most in-demand neighborhoods. Call for rent roll/setup sheet. See details attached.
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Listing Snapshot
Price
$2,700,000
Days On Site
7 Days
Bedrooms
N/A
Inside Area (SqFt)
4,620 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.1073 Acres
Year Built
1950
MLS® Number
869249
Status
Active
Property Tax
$31,130
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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Recent Activity
a week ago
Listing first seen on site
a week ago
Listing updated with changes from the MLS®
General Features
Acres
0.1073
Cross Street
Van Wyck Expwy
Disclosures
None
Number Of Stories
2
Property Sub Type
Mixed Use
Sewer
Public Sewer
SqFt Total
4620
Utilities
Natural Gas AvailableElectricity AvailableElectricity Connected
Water Source
Public
Interior Features
Basement
Full
Cooling
Multi Units
Heating
Natural Gas
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Exterior Features
Construction Details
Brick
Listing courtesy of Century 21 Milestone Team Rlty re@soniathompson.realtor
Based on information submitted to the MLS GRID as of 2025-06-06 06:07 PM 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.
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.