Remarks

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.

Details

MLS#: 3519201
Price: $4,588,000

Style: Retail
Year Built: 2005

County: Queens
Lot Size: 98x141
Tax Fee: 25151