220-25 Jamaica AVE Active Save Request In-Person Tour Request Virtual Tour
Queens Village,NY 11428
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID KEY843433
Originating Board onekey2
Rental Info No
Year Built 1931
Annual Tax Amount $5,985
Property Sub-Type Triplex
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.
Location
State NY
County Queens
Rooms
Basement Finished,Storage Space
Interior
Interior Features High Ceilings
Heating Baseboard
Cooling None
Fireplace No
Exterior
Parking Features Driveway,Private
Utilities Available Electricity Connected,Natural Gas Connected,Trash Collection Public,Water Connected
Total Parking Spaces 1
Garage false
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Senior Community No
Special Listing Condition None