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Listed price in listed location currency (USD).
$1,400,000

320

MLS® 1051349

Overview

Key Facts

Type Triplex
Levels Residential Income
Size 3128 sqft
Garage No
Taxes 
Days Active 0
Lot Size 3120 Acres
Approx. Age 1931
Avg. Price Per Sqft $447
MLS® Number 1051349

Property Address: 170-13 Jamaica Ave, Jamaica, NY, 11432-5219

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional mixed-use investment opportunity on one of Jamaica’s most active commercial corridors. This approximately 3, 120-square-foot property offers the income stability of two occupied residential apartments combined with the upside of an approximately 1560 -square-foot vacant ground-floor commercial space. The retail space was previously operated as a restaurant and includes existing commercial kitchen equipment, available at no additional cost and conveyed as-is, subject to buyer inspection and inventory. Its Jamaica Avenue frontage offers excellent visibility in a well-established retail corridor with consistent pedestrian and vehicle activity. Ideal for investors, owner-users, restaurant operators, and 1031 exchange buyers seeking a mixed-use asset with in-place residential income and a meaningful lease-up opportunity. The vacant commercial component creates immediate potential to establish a new business, secure a tenant, or reposition the space to match current market demand. Zoned R6A, C2-4. Buyers are encouraged to conduct their own due diligence regarding zoning, use, permits, equipment, expenses, leases, and all building information. A compelling opportunity to acquire a well-located mixed-use property with income today and upside for tomorrow. Serious, qualified buyers are invited to schedule a private showing.
MLS® Number1051349
Laundry Level
Central VacNo
FireplaceNo
Acreage3120
Exterior
GarageNo
Approx. Age1931
BasementFinished, Full
DrivewayOn Street
Garage Spaces
HeatHot Water, Natural Gas
A/CElectric, Wall/Window Unit(s)

Extras

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