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220-25 Jamaica Avenue, Queens Village, NY 11428

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For Sale

$1,159,999

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

Great opportunity to own a solid high income potential mixed-use building on the busy Jamaica Avenue in Queens Village. This three-unit property features a ground-floor retail space currently leased to a high-quality tenant through 2029 at $3,650/month with 3% annual increases, providing stable and growing cash flow. Above the retail space are two spacious two-bedroom apartments, both of which will be delivered VACANT offering flexibility for rental income or personal use. There is private yard space with room for parking, accessible via a shared gated driveway on 221st street. The location is incredibly convenient, situated near multiple MTA bus lines, major highways, and just minutes from UBS Arena. With super low annual taxes of only $5,985, this is a rare opportunity to own a turnkey investment in a prime, high-traffic area.
MLS# 843433

Courtesy Of eXp Realty

(888) 276-0630

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Heating System
    Baseboard
  • Rooms
    Basement

Home seller CENTURY 21 Milestone Team Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Milestone Team Realty

(718) 291-7000
Learn More About Us

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