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$2,498,000
1022004 MLS
Mixed use residential and commercial building in the heart of Jamaica. Prime Investment Opportunity - Ideal for 1031 Exchange Buyers - Free Market 5-Unit Mixed-Use Property Mixed-use brick building located in the heart of Jamaica, Queens featuring 1 commercial store and 4 residential apartments, offering strong income potential and flexibility for both investors and end users. The first-floor commercial space is leased to a restaurant tenant at $5,600/month, plus 35% of annual property taxes as additional rent. The commercial space can be delivered with the existing tenant in place for immediate income or vacant at closing for an owner-user. Second Floor: Rear 1-bedroom (1 bath) rented at $2,000/month and front 2-bedroom (1 bath) rented at $2,300/month. Third Floor: 3-bedroom unit (2 baths) rented at $3,000/month. Fourth Floor: 3-bedroom unit (2 baths) rented at $2,600/month. Second- and third-floor residential units can be delivered vacant. The fourth-floor apartment is tenant-occupied. Strong income-producing property with approximately $203,000 in gross annual rent. Constructed with solid brick, the building offers long-term stability and strong fundamentals for both buy-and-hold investors and value-add strategies. Building Dimensions: 25.76 x 65 and Lot: 25.76 x 70.13 , Zoning : C4-4D Just steps from Jamaica Center. Close to Target, Burlington, H&M, Marshalls, Shake Shack, Chipotle, Starbucks, supermarkets, banks, restaurants, and many other shopping and dining options. Conveniently located near the Jamaica Center–Parsons/Archer Station with access to the E, J, and Z subway lines, the LIRR, AirTrain JFK, and multiple bus routes, providing easy access to Manhattan, Long Island, and JFK Airport.

9022 161st Street, Jamaica

$649,000
2 Beds 2 Baths 994892 MLS
BL#26014 Facing Southeast, Bright, warm and sunny, Updated beautiful, cozy corner unit with many windows on 10th floor, Viewing the neighborhood, Queens Blvd. and Rego Center, a large value -oriented shopping center, Offers a spacious living room and dining area, 2 bedrooms, 1.5 bath, 1 kit., Balcony with fantastic views, Featuring hardwood floor throughout, Granite countertops, Large closets with sliding doors. Renovated a few years ago with top line materials. Maintained well with care and love. Excellent condition. One parking space No.34 is included. Minutes walk distance to Rego Center for its mix of big box retailers, grocery stores, and diverse food options., Blocks to Queens Center on Queens Blvd. for shopping in department stores, eating in various restaurants, banking, taking subway( M.R .E. F. Train to NYC) Lirr. and buses as well, Since the MTA-63 Dr. Rego Park Subway station offers a range of services including subway and rail transportation. As amazing center of excellence of Queens, it is just so convenient to all. A good opportunity of living or investment. Must see!

87-30 62nd Avenue Unit #10 C, Rego Park

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.