BEDS0
BATHS
MLS#1035749
STATUSActive
PROPERTY TYPECommercial -
SCHOOLQueens 28
Property Description
Rare opportunity to purchase a fully occupied investment property with development potential located in the Downtown Jamaica special zoning district. The subject includes two lots with an approximate size of 4675 sq. ft. zoned R7X,C2-4. Five commercial plus seven residential, free market tenants make up this cash flowing asset with an NOI of 350K and an in place 5.84% cap rate. A corner property with tremendous visibility at the intersection of Queens Blvd. and Jamaica Ave. make this an incredible cash flow or development opportunity. Detailed income and expenses available upon request.
Property Features
Property Type: Commercial -
Basement: Full
Basement: Yes
Cooling: Wall/Window Unit(s)
Heating: Natural Gas
Lot Size: 0.11 Acres
Stories: 3.0
Taxes: $43,437
Year Built: 1931
Feature Descriptions
Building Area Total: 6580
Days on Site: 8
Exterior: Brick
Fuel Expense: 22541
On Market Date: 2026-08-06
Parcel Number: 09619-0031
Parking Features: None
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Public Sewer
Units: 12
Utilities: Electricity Connected, Natural Gas Connected
Water: Public
Local Schools
School District: Queens 28
Listed By / Shown By
Listing By
Agency Name: Landmark International R E LLC
Agency Contact: 718-898-8300
Shown By
Agent Name: Linda Viola
Agent Phone: Cell: (516) 316-6774
Agency Title: Howard Hanna | Coach Realtors
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13821 Jamaica Avenue | MLS# 1035749
This commercial property located at 13821 Jamaica Avenue , Jamaica, NY 11435 is currently listed for sale with an asking price of $5,990,000. Jamaica Avenue is located within the Queens 28 school district. Search Jamaica real estate on www.lindaviola.com today.