For Sale
Multi-Family
MLS# 1035749
13821 Jamaica Avenue
Jamaica, NY 11435
$5,990,000
- 6,580Sq Ft
- 0.1014Acres
- 1931Built
- $910Per Sq Ft
Jamaica, NY 11435
$5,990,000
Rare opportunity to purchase a fully occupied investment property with development potential located in the Downtown Jamaica special zoning district. The subject includes two lots with an approximate size of 4675 sq. ft. zoned R7X,C2-4. Five commercial plus seven residential, free market tenants make up this cash flowing asset with an NOI of 350K and an in place 5.84% cap rate. A corner property with tremendous visibility at the intersection of Queens Blvd. and Jamaica Ave. make this an incredible cash flow or development opportunity. Detailed income and expenses available upon request.
Questions on 13821 Jamaica Avenue, Jamaica, NY 11435, or want to see it in person?
Listed by Landmark International R E LLC
Westchester County real estate — Julia B. Fee Sotheby's International Realty. Licensed Real Estate Salesperson.
Connect
Licensed Real Estate Salesperson
Julia B. Fee Sotheby's International Realty · 2 Park Place, Bronxville, NY 10708
(347) 961-2957 RadhaT@radhatuckerhomes.com
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