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85-05 Jamaica Avenue, New York, NY 11421

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For Sale

$1,580,000

3 beds • 2 baths

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Over 50 Years Old
    Age

Explore this Property

This mixed-use 3 units property on Jamaica Ave seamlessly blends commerce with comfort. Ideally suited for retail ventures, the street-level 2000 sqf storefront is the perfect canvas for your dream business or leasing opportunity, guaranteeing an attractive ROI. Above, you'll find two apartments on the 2nd floor. With its prime location on bustling streets, this gem ensures high visibility, incredible foot traffic, and unlimited potential. It's R6A zoning with potential buildable, right next to J/z 85 st train station. Live above your thriving retail space or lease it out for an added income stream. This is a rare find, exquisitely designed to maximize both your personal and professional aspirations. Dive into the dynamic synergy of city living! Don't miss this unique investment opportunity. Current cap rate is 6% and Pro Forma cap rate is 7.5%. Schedule your viewing today.
MLS# L3499726

Courtesy Of eXp Realty

(888) 276-0630

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Appliances
    Dishwasher, Dryer, Washer
  • Architecture Style
    Other
  • Cooling System
    Wall Unit(s) A/C
  • Exterior Type
    Brick

Map and Directions

Directions to 85-05 Jamaica Avenue, New York, NY 11421

Home seller CENTURY 21 Monticello Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Monticello Realty

(718) 804-5757
Learn More About Us

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Monthly Payment Breakdown

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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