Queens Village, NY 11428,220-25 Jamaica AVE
Queens Village, NY 11428,220-25 Jamaica AVE
Queens Village, NY 11428,220-25 Jamaica AVE
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$1,159,999
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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


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Listed by EXP Realty

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agent

Jennice Velasquez

+1(347) 854-4000

REALTOR® | License ID: 10401318634

REALTOR® License ID: 10401318634

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