13821 Jamaica Avenue Jamaica, NY 11435
Other
MLS #: 1035749
Courtesy Of Landmark International Real Estate LLC
Property InformationDescription
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.
Features
- Age: Over 50 Years Old
- Amenities: Basement
- Building Units: 12
- Cooling System: Window Unit(s)
- Cooling System: Wall/Window Unit(s)
- Exterior Type: Brick
- Floors: 3
- Heating System: Natural Gas
- MLSID: 1035749
- Rooms: Basement
MAP & DIRECTIONS
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