85-05 Jamaica Avenue

$1,580,000
Price
3
Beds
2
Baths
2,720 Sq. Ft.
$581 / Sq. Ft.
2,720
Sq. Ft.
$581
per Sq. Ft.

Description

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...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.
  1. Listed by Jiangwei Zhou • EXP Realty
    P: (888)-276-0630 C: (646)-812-2151 contactwaynezhou@gmail.com

Property Details for 85-05 Jamaica Avenue

Township
Queens
Architectural Style
Store+Dwell
Community Features
Park,Near Public Transportation
Garage Spaces
.00
Section Area
Jamaica Ave
LISTING UPDATED: 09/02/2024 01:40 PM

Property Details for 85-05 Jamaica Avenue

StatusActive
MLS ID3499726
Days on Market457
Taxes$5,790 / year
Maintenance-
Min. Down Pymt-
Total Rooms6.0
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1931
Lot Size2,035 SF / 20' x 101'
CountyQueens County

Building

85-05 Jamaica Ave

2 Units2 StoriesBuilt in 1931

Building Information for 85-05 Jamaica Avenue

Stories2Residences2Year Built1931Building Size20' x 54'Building Sq. Ft2,160 SFLot Size2,035 SF / 20' x 101'Building Age-Building Type-

Property Information for 85-05 Jamaica Avenue

Summary
Location and General Information
  • Senior Community YN: No
  • MLS Area Minor: 10
  • Directions: See Google Map.
  • Tax Block: 8859
  • Tax Lot: 29
  • Property Attached: No
  • Structure Type: false
  • New Construction YN: No
  • Flood Zone Report: 0
  • Lot Size Source: Other
  • Country: US
  • State Or Province: NY
School Information
  • School District: Queens 27
  • Elementary School District: Queens 27
  • Middle Or Junior School District: Queens 27
  • Middle Or Junior School: John Adams High School
  • High School District: Queens 27
  • High School: Epic High School-South
Rental
Rental
  • Lease Considered: No
Unit Information
Unit Information
  • Building Units Total: 2
Room Information
Room 1 Information
  • Room Level: First
  • Room Type: Additional
  • RoomDescription 1: Storefront 2000 sqf and 1400 sqf basement
Room 2 Information
  • Room Level: Second
  • Room Type: Additional
  • Room Description: Bedroom, Living room, Kitchen, Bathroom
Room 3 Information
  • Room Level: Second
  • Room Type: Additional
  • Room Description: two bedrooms, living room, eat in kitchen, bathroom
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 08859-0029
  • Tax Map Number: 08859-0029
Interior and Exterior Features
Interior Features
  • Amenities: Dishwasher, Dryer, Eat in Kitchen, Near Public Transportation, Park, Public, Store+Dwell, Washer
  • Interior Features: Eat-in Kitchen
  • Appliances: Dishwasher,Dryer,Oven,Washer
  • Number Of Kitchens: 2.0
  • Total Rooms: 6
  • Living Area Units: Square Feet
  • Basement: Full, See Remarks, Unfinished
  • Fireplaces Total: 0
  • Location Amenities: Near Public Transportation, Exposure South, Eat in Kitchen
  • Common Walls: No Common Walls
  • Inclusions: Dishwasher,Dryer,Washer
Exterior Features
  • Exterior Property Features: On Street, Park, Near Public Transportation
  • Elevation Certificate: No
  • Construction Materials: Brick
  • Direction Faces: South
Lot Information
  • Lot Size Dimensions: 20.08x101.33
  • Site Features: Park, Near Public Transportation
  • Building Size: 20x55
  • Building Area Units: Square Feet
Parking
  • Parking Features: On Street
  • Attached Garage: No
  • Garage: No
Utilities
  • Cooling: Yes
  • Cooling: Wall Unit(s)
  • Heating: Electric, Other, See Remarks
  • Heat Fuel Type: Electric, Other, See Remarks
  • Hot Water: Electric Stand Alone,See Remarks
  • Number Of Separate Gas Meters: 2
  • Sewer: Sewer
  • Water Source: Public
  • Number Of Separate Electric Meters: 3
Green Features
  • Green Features: Dishwasher, Dryer, Oven, Washer, Electric, Other, See Remarks

Property History for 85-05 Jamaica Avenue

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 85-05 Jamaica Avenue

Taxable ValueLand$10,680Additions$36,960Total$47,640
Home Facts
Total Finished SqFt2,720 SqFtLot Size2,035 SqFtYear Built1931ZoningR6AAPN4088590029

Schools near 85-05 Jamaica Avenue

This home is within New York City Geographic District #27.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
P.S. 97 Forest Park
PublicPK to 5

Jhs 210 Elizabeth Blackwell
Public6 to 8

Queens Explorers Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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85-05 Jamaica Avenue is a multi-family home for sale in Woodhaven. This property was listed for sale on August 23, 2023 by EXP Realty, it's currently listed at $1,580,000. It has been on the market for a total of 457 days and was last sold on November 1, 2018. This listing's school district is New York City Geographic District #27. Nearby schools include P.S. 97 Forest Park, Jhs 210 Elizabeth Blackwell and High School Construction Trades Engineering And Architecture. 85-05 Jamaica Avenue is a 3-bed, 2-bath, 2,720 sqft multi-family home built in 1931.

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Listing Courtesy of EXP Realty

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