170-13 Jamaica Avenue, Jamaica, NY 11432

$1,400,000
3
BD
2
BA

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List Price
$1,400,000
Status
ACTIVE
Style
Contemporary, Includes Legal Accessory Apartment, Other
Bedrooms
3
Bathrooms
2
MLS#
1051349

Property Description

Exceptional mixed-use investment opportunity on one of Jamaica’s most active commercial corridors. This approximately 3,120-square-foot property offers the income stability of two occupied residential apartments combined with the upside of an approximately 1560 -square-foot vacant ground-floor commercial space. The retail space was previously operated as a restaurant and includes existing commercial kitchen equipment, available at no additional cost and conveyed as-is, subject to buyer inspection and inventory. Its Jamaica Avenue frontage offers excellent visibility in a well-established retail corridor with consistent pedestrian and vehicle activity. Ideal for investors, owner-users, restaurant operators, and 1031 exchange buyers seeking a mixed-use asset with in-place residential income and a meaningful lease-up opportunity. The vacant commercial component creates immediate potential to establish a new business, secure a tenant, or reposition the space to match current market demand. Zoned R6A, C2-4. Buyers are encouraged to conduct their own due diligence regarding zoning, use, permits, equipment, expenses, leases, and all building information. A compelling opportunity to acquire a well-located mixed-use property with income today and upside for tomorrow. Serious, qualified buyers are invited to schedule a private showing.

Additional Information

Lot Size
3120
Basement
Finished, Full
Finished Basement
Y
Year Built
1931
School District
Queens 28
Heating
Hot Water, Natural Gas
Parking
On Street
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Devaykanan Rishudeo (devaykanan.rishudeo@elliman.com) from Listing Office: Douglas Elliman Real Estate.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.