REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,480,000
Est. payment /mo
Price Dropped by $100K
8505 Jamaica Ave Woodhaven, NY 11421
3 Beds
3 Baths
3,200 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,200 sqft
Price per Sqft $462
MLS Listing ID 11877548
Bedrooms 3
Full Baths 3
Year Built 1931
Lot Size 2,035 Sqft
Property Description
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.
Location
State NY
County 36081
Rooms
Dining Room 0
Kitchen 0
Building
Story 2
Structure Type Masonry - Brick