149-13 Jamaica Avenue, Downtown Jamaica NY

Jamaica, Jamaica, New York 11435-4037

$1,925,000   $1,725,000  

Listing ID Number

25368

Property Description

Cushman & Wakefield has been retained on an exclusive basis to arrange for the sale of 149-13 Jamaica Avenue in Downtown Jamaica, NY. The subject property is a two-story mixed-use building in the heart of Downtown Jamaica. The property benefits from heavy foot traffic and it’s proximity to the Jamaica Transit Hub.

The building is approximately 3,145 square feet over two floors with 17’ of frontage on Jamaica Avenue. The building includes an office on the ground floor, and two apartments on the second floor. The building is currently fully-occupied. Find our rent roll and expenses on the following page. Please do not disturb the tenants.

Downtown Jamaica is going through a momentous revitalization period with 1,000+ apartments coming to the market in the next 24 months. Positioned along the major thoroughfare of Jamaica, this property has substantial retail potential, as well as long term development value.

Overview

Building Type:Mixed-Use Investment Buildings
Block/Lot:9679/386
Lot Sq Ft:2,414
Stories:2
Units:3
Zoning:R7A/C4-4A
Building Sq Ft:3,145

Documents

Contact

For further information or inspection, please contact Exclusive Agents:

Daniel Abbondandolo
Director
(718) 512 2606
dan.abb@cushwake.com


Property Images

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Property Map


Aerial View


The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.