Commercial Sale in Jamaica, Queens, NY 11433 | Web ID: PH559601 | $4,588,000

 
Property Description

Discover a golden investment opportunity at 162-25 liberty ave, jamaica, ny 11433. This one-story, 4, 650-square-foot retail strip center is strategically located at the bustling junction of liberty avenue and merrick blvd. It boasts 15 parking spots on a generous 7, 000-square-foot lot and features a lineup of national tenants, including popeye and dunkin donuts, a restaurant, and a clothing & shoes store. At an annual net income of $243k+ and an impressive cap rate of 5. 3%, there's immediate potential for additional income. In the vibrant neighborhood of jamaica, queens, this property offers a winning combination of location and financial stability. Situated near educational institutions and key transportation hubs, it attracts both students and commuters, guaranteeing foot traffic and visibility. With a well-established tenant roster, 162-25 liberty ave. Ensures a reliable stream of income. This investment opportunity promises immediate returns and the potential for long-term appreciation, making it an ideal addition to your portfolio. In the heart of queens, close to cuny york college and jamaica station, high traffic and growth potential converge.

Property Information
Location/Town Jamaica
Area/County Queens
Prop. Type Commercial Sale
Tax $25,151.00
Year Built 2005
Lot Size 98x141
Lot SqFt 7,000
Zoning M1-1
Tax Lot 69
Listing information courtesy of: B Square Realty Inc
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