Exceptional mixed-use investment opportunity on one of Jamaica's most active commercial corridors. This approximately 3,120-square-foot property offers the income stability of two occupied residential apartments combined with the upside of an approximately 1560 -square-foot vacant ground-floor commercial space.The retail space was previously operated as a restaurant and includes existing commercial kitchen equipment, available at no additional cost and conveyed as-is, subject to buyer inspection and inventory. Its Jamaica Avenue frontage offers excellent visibility in a well-established retail corridor with consistent pedestrian and vehicle activity.Ideal for investors, owner-users, restaurant operators, and 1031 exchange buyers seeking a mixed-use asset with in-place residential income and a meaningful lease-up opportunity. The vacant commercial component creates immediate potential to establish a new business, secure a tenant, or reposition the space to match current market demand.Zoned R6A, C2-4. Buyers are encouraged to conduct their own due diligence regarding zoning, use, permits, equipment, expenses, leases, and all building information.A compelling opportunity to acquire a well-located mixed-use property with income today and upside for tomorrow. Serious, qualified buyers are invited to schedule a private showing.
Listing By
Agency Name: Douglas Elliman Real Estate
Agency Contact: 516-669-3700
Shown By
Agent Name: TEAM MAE
Agent Phone: (631) 872-7553
Agency Title: Howard Hanna | Coach Realtors
Estimated Payment
$ 6,420.74 per month $6,012.40 Principal & Interest $0.00 Property Tax (data not provided by mls) $408.33 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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170-13 Jamaica Avenue | MLS# 1051349
This multi-family property located at 170-13 Jamaica Avenue , Jamaica, NY 11432 is currently listed for sale with an asking price of $1,400,000. 170-13 Jamaica Avenue is located within the Queens 28 school district. Search Jamaica real estate on www.teammae.com today.