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
Price: | $2,750,000 |
Type: | Commercial |
Bedrooms: | 2 |
Bathrooms: | 1 |
Website: | http://www.evandanielre.com/17224-17226-jamaica-avenue |
Pet Policy: | No Pets |
ID: | 251582 |