Listed by Sany Realty Group LLC
$1,200,000
21711 Jamaica Avenue
Details
APN 10610-0035
Property Type Mixed Use, Retail
Sub Type Storefront, Residential
Units 3
Year Built 1931
Acreage 0.044
Zoning C4-2
Mixed Use
Marketing description
Excellent mixed-use investment opportunity in the heart of Queens Village on busy Jamaica Avenue. This well-maintained property features one ground-floor commercial unit and two residential apartments on the second floor. The commercial space is occupied by an established laundromat paying $3,900/month plus 50% of the real estate taxes, with approximately 8 years remaining on the lease.
The second floor consists of two residential units. The front apartment is rented for $1,300/month. The rear apartment is currently occupied by the building superintendent and generates $1,000/month. Both residential units are month-to-month and can be delivered vacant, offering flexibility for owner occupancy or rental repositioning.
Property size is 18’ x 106’ with a building size of 18’ x 55’. Annual real estate taxes are only $6,892. Conveniently located directly across from the Queens Village LIRR station with excellent visibility, heavy foot traffic, and easy access to transportation, shopping, restaurants, and major roadways. An ideal opportunity for investors seeking stable income with future upside potential.
Listing Contacts
Listed by Sany Realty Group LLC
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Zoning
C4-2 CommercialGeneral CommercialGeneral Commercial
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