RealtyDepotNY
Cell: 347-219-2037
Fax: 718-896-7020
9022 161st Street , Jamaica , NY 11432

















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.
| Location/Town | New York |
| Area/County | Queens |
| Post Office/Postal City | Jamaica |
| Prop. Type | Single Family House for Sale |
| Tax | $48,597.00 |
| Year Built | 2003 |
| Basement | Finished, Full |
| Construction | Brick |
| Total Units | 5 |
| Lot SqFt | 1,807 |
| Cooling | Wall/Window Unit(s) |
| Heat Source | Baseboard, Other |
| Util Incl | Cable Connected, Electricity Connected, Natural Gas Connected, See Remarks, Trash Collection Public, Water Connected |
| Days On Market | 83 |
| Parking Features | On Street |
| Tax Assessed Value | 469350 |
| Units | 5 |
| School District | Queens 28 |
| Middle School | Ms 358 |
| Elementary School | Ps 182 Samantha Smith |
| High School | Hillcrest High School |
| Features | First floor full bath, eat-in kitchen, high ceilings, natural woodwork, open kitchen, other, primary bathroom |
| Listing information courtesy of: Apple Realty Group Corp | |