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 By
Agency Name: Sany Realty Group LLC
Agency Contact: 718-799-0726
Shown By
Agent Name: Christine Lavelle
Agent Phone: Cell: (516) 330-1835
Agency Title: Howard Hanna | Coach Realtors
21711 Jamaica Avenue | MLS# 1015781
This commercial property located at 21711 Jamaica Avenue , Queens Village, NY 11428 is currently listed for sale with an asking price of $1,200,000. Jamaica Avenue is located within the Queens 29 school district. Search Queens Village real estate on www.christylavelle.com today.