13821 Jamaica Avenue, Jamaica, NY 11435
- $5,990,000
- List Price
- $5,990,000
- Days on Market
- 2
- MLS#
- 1035749
- Status
- ACTIVE
- Property Type
- Multi Family
- Year Built
- 1931
- Property Tax
- $43,437
- School District
- Queens 28
Property Description
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.
Additional Information
- Acres
- 0.11
- Parking
- None
- Stories
- 3
- Basement
- Full
- Heating
- Natural Gas
- Cooling
- Wall/Window Unit(s)
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Listing Agent: Jordan G. Donner (jordan@landmarkre.nyc) from Listing Office: Landmark International R E LLC.
Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . 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.