Modern Spaces’ Commercial + Investment Division has been retained on an exclusive basis to arrange for the sale of 172-24 & 172-26 Jamaica Avenue in Jamaica, Queens. The sale includes two mixed-use buildings, both with one commercial space on the ground and two apartments on the second floor. Ownership recently updated both buildings with $350,000 in renovations. All apartments are two bedroom with one bathroom. The retail space at 172-24 is rented to a hair salon for $4,500 per month. The other retail space at 172-26 is rented to a mini mart, who is also paying $4,500 per month.

The offering is a great opportunity for an investor looking for cash flow or for a 1031 exchange buyer. The properties are situated on Jamaica Avenue, a prime location for car and foot traffic in the neighborhood.

For more information, please click the link below or contact us:

172-24 & 172-26 Jamaica Avenue Setup (PDF)

Evan Daniel: 516-508-8189 or evan@modernspacesnyc.com

Ashley Jeshiva: 443-465-8308 or ashley@modernspacesnyc.com