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3 Beds
3 Baths
3,200 sqft

$1,480,000

8505 Jamaica Ave, Woodhaven NY, 11421

Price per sqft$462.50
Built in1931
Property size3,200 sqft
Property typeResidential

Overview

Active

Updated 10 days ago

Excellent owner-user opportunity on Jamaica Avenue, Tax $7,145/per year. This three-unit mixed-use property features an approximately 2,000-square-foot ground-floor commercial storefront with two residential apartments above. The street-level commercial space offers strong visibility and a flexible layout suitable for a variety of retail, office, or service-oriented businesses, subject to permitted use and applicable approvals. An owner-user may operate a business on the ground floor while occupying one of the residential units above, or lease the residential units for additional income. Conveniently located near the J/Z subway at the 85th Street-Forest Parkway station. The property is situated within an R6A zoning district and may offer additional development potential, subject to zoning analysis, lot conditions, and governmental approvals. This versatile property provides an attractive combination of commercial occupancy, residential use, and future income potential. Buyers should independently verify square footage, zoning, permitted uses, development rights, and all property information. Based on projected market rents, the residential component may offer additional income upside.

$9,846/mo

Est. mortgage payment based on a $1,480,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
11877548

Interior Features

Bedrooms
3
Bathrooms
3
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.05 Acres

Courtesy of EXP COMMERCIAL LLC with ,
Listing Contact:  

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