5,514 Sqft Lot
5,514 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1070813
Rental Info No
Year Built 1963
Annual Tax Amount $64,774
Lot Size 5,514 Sqft
Acres 0.1266
Property Sub-Type Mixed Use
Source onekey2
Property Description
Excellent opportunity to own a renovated two-story commercial property in the heart of Jamaica, Queens. Situated on an approximately 5,513 SF lot measuring 52.5' x 105', the property offers approximately 9,238 SF of reported building area, making it an attractive opportunity for both investors and owner-users.
The building features a commercial ground floor and a second floor configured for office use, consisting of four individual office spaces. The layout offers flexibility for professional, administrative, or business operations, as well as the potential to generate rental income.
Based on the owner's estimated rental projections, the four second-floor office spaces may generate approximately $10,000–$12,000 per month in gross rental income at full occupancy, subject to market conditions, permitted use, and lease terms.
The ground-floor commercial space offers additional flexibility for a variety of potential business uses, subject to applicable zoning and permitted uses. Estimated rental potential is approximately $10,000–$12,000 per month, depending on the tenant, lease structure, and negotiated terms.
Combined projected gross rental income may reach approximately $20,000–$24,000 per month at full occupancy. The seller is willing to deliver the property vacant at closing, allowing the new owner the flexibility to occupy, lease, reposition, or maximize the property's income-producing potential.
A versatile commercial property offering space, flexibility, and attractive investment potential in a prime Jamaica location.
Location
State NY
County Queens
Interior
Heating Electric
Cooling Ductless
Fireplace No
Exterior
Utilities Available Electricity Connected
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools David N Dinkins School (Grades Pk-5)
Middle Schools Emerson School (The)
High Schools Queens 28
School District Queens 28
Others
Special Listing Condition None
Nearby Locations
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