139-20 109 Avenue
Jamaica, New York

Jamaica, New York

Listed By CENTURY 21 Milestone Team Realty

The Commercial Property for Sale located at Jamaica, New York is currently for sale. Jamaica, New York is listed for $2,700,000. If the property located at Jamaica, New York isn't what you're looking for, visit https://www.century21global.com to see other Commercial Properties for Sale in Jamaica .

Date Updated : Jun 6, 2025

MLS#: 869249

$2,700,000 USD

  • Minimum sellable space
    429m²  (4,620ft²)
The details

Property features

Construction details

  • Year built: 1950

Other features

  • Cooling system: Air Conditioning
  • Heating system: Gas

Area

  • Property size: 429m²  (4,620ft²)
  • Land/Lot size: 434m²  (4,675ft²)

Description

Welcome to this Investment opportunity, a one of a kind 4-unit commercial gem . All units fully renovated with a 2nd story residential unit. Located in the heart of Jamaica, Queens on a spacious 5,008 sq ft, corner lot, just minutes from JFK airport, major highways and surrounded by a mix of residential and commercial developments. Property features a cap rate of 7+% with 4 solid tenants, a combined annual rental income of $243,430 with projected growth of $251,406. Current NOI $200,430. Don’t miss this opportunity to secure a cash- flow investment in one of Queens most in-demand neighborhoods. Call for rent roll/setup sheet. See details attached.

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Location

Jamaica, New York
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