Discover a golden investment opportunity at 162-25 liberty ave, jamaica, ny 11433. This one-story, 4, 650-square-foot retail strip center is strategically located at the bustling junction of liberty avenue and merrick blvd. It boasts 15 parking spots on a generous 7, 000-square-foot lot and features a lineup of national tenants, including popeye and dunkin donuts, a restaurant, and a clothing & shoes store. At an annual net income of $243k+ and an impressive cap rate of 5. 3%, there's immediate potential for additional income. In the vibrant neighborhood of jamaica, queens, this property offers a winning combination of location and financial stability. Situated near educational institutions and key transportation hubs, it attracts both students and commuters, guaranteeing foot traffic and visibility. With a well-established tenant roster, 162-25 liberty ave. Ensures a reliable stream of income. This investment opportunity promises immediate returns and the potential for long-term appreciation, making it an ideal addition to your portfolio. In the heart of queens, close to cuny york college and jamaica station, high traffic and growth potential converge.
Location/Town | Jamaica |
Area/County | Queens |
Prop. Type | Commercial Sale |
Tax | $25,151.00 |
Year Built | 2005 |
Lot Size | 98x141 |
Lot SqFt | 7,000 |
Zoning | M1-1 |
Tax Lot | 69 |
Listing information courtesy of: B Square Realty Inc |