9022 161st ST, Jamaica, NY 11432
9022 161st ST, Jamaica, NY 11432
9022 161st ST, Jamaica, NY 11432
18
See all 18 photos
$2,680,000
Est. payment /mo
Save
1,807 Sqft Lot
Active

9022 161st ST Jamaica, NY 11432

Save
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
Jonathan Greene

Jonathan Greene

+1(973) 873-0734

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1024527

Rental Info No

Year Built 2003

Annual Tax Amount $48,597

Lot Size 1,807 Sqft

Acres 0.0415

Property Sub-Type Triplex

Source onekey2

Property Description

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

State NY

County Queens

Rooms

Basement Finished, Full

Interior

Interior Features First Floor Full Bath, Eat-in Kitchen, High Ceilings, Natural Woodwork, Open Kitchen, Other, Primary Bathroom

Heating Baseboard, Other

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Parking Features On Street

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, See Remarks, Trash Collection Public, Water Connected

Garage false

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

Elementary Schools Ps 182 Samantha Smith

Middle Schools Ms 358

High Schools Queens 28

School District Queens 28

Others

Senior Community No

Special Listing Condition None

OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by Apple Realty Group Corp • Ai Li Voon

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Jonathan Greene

Jonathan Greene

Broker of Record | License ID: 1433604

+1(973) 873-0734

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Streamline, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

9022 161st ST

QUICK SEARCH