1. New York
2. Queens Village
3. 220-25 Jamaica Avenue

220-25 Jamaica Avenue, Queens Village, NY 11428

Property Description

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.

Listing Status:

Active

Listing Office:

EXP Realty : 888-276-0630

MLS ID:

843433

Interior

• General: High Ceilings
• Basement: FinishedStorage Space
• A/C: None
• Heating: Baseboard

Exterior

Location

Utilities

Financial

This listing courtesy of EXP Realty