Turnkey mixed-use investment in the heart of Queens Village. Two contiguous two-story brick buildings totaling approximately 6,224 SF on a 0.10-acre lot with 39 feet of frontage on heavily trafficked Jamaica Avenue. Four street-level retail stores plus four apartments. Extensive recent capital work: new roof, brick pointing, new Andersen windows, two new hot water heaters with ten-year warranties, new LED hallway lighting, fully renovated kitchen and bath in the four-bedroom apartment, new kitchens and ceramic flooring, new ceramic entry at 210-25, and freshly painted interior throughout. Virtually no deferred maintenance. All tenants pay their own gas, electric, heat, and water. Current gross income of approximately $281,092 with net operating income of approximately $221,632, projected to approximately $299,712 and $240,252 as leases mature. All commercial space deliverable with ten-year leases. Highly walkable, close to shopping and transit. Ideal for 1031-exchange buyers, owner-users, or investors seeking durable cash flow on one of eastern Queens' most active commercial corridors.
| MLS # | 1052284 |
|---|---|
| Listing Type | For Sale |
| Style | Multi-Family |
| Sub-Type | Resale |
| Status | Active |
| Year | 1931 |
| Days On Site | 58 |
| Listing Provided By | NYCRB Corp | Shirley A. Abraham |
| SQ Feet | 6,224 |
|---|---|
| Basement | Y |
| Units | 8 |
| Building(s) | 2 |
| Acreage | 0.10 |
| Cooling | Multi Units |
|---|---|
| Heating | Natural Gas |
| Construction Materials | Brick |
|---|
| Parking Features | On Street |
|---|
| Utilities | Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2026 |
|---|---|
| Tax Annual Amount | 50698 |
| Tax Lot | 0001 |
| State | NY |
|---|---|
| County | Queens |
| City | Queens Village |
| Zip Code | 11428 |
| Listing VS Median (in 11428) | |
Price: $3,300,000 low | high Med: $843,995 sqft: 6,224 low | high Med: 1,710 $ / sqft: $530 low | high Med: $495 On site: 58 low | high Med: 314.5 | |
| State | NY |
|---|---|
| County | Queens |
| City | Queens Village |
| Zip Code | 11428 |
| Listing VS Median (in 11428) | |
Price: $3,300,000 low | high Med: $843,995 sqft: 6,224 low | high Med: 1,710 $ / sqft: $530 low | high Med: $495 On site: 58 low | high Med: 314.5 | |
![]() | $3,400,000205-02 Jamaica AvenueHollis, NY 11423 |