162-25 Liberty Avenue, Jamaica, NY

$4,588,000

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0.16

Acres

About 162-25 Liberty Avenue

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.

Features of 162-25 Liberty Avenue

MLS® # 3519201
Price $4,588,000
Bathrooms 0.00
Acres 0.16
Year Built 2005
Type Commercial
Sub-Type Retail
Status Active

Community Information

Address 162-25 Liberty Avenue
City Jamaica
County Queens
State NY
Zip Code 11433

Additional Information

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Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No

Additional Information

Zoning M1-1
Short Sale No
RE / Bank Owned No
Taxes (total) $25,151

Listing Details

OfficeB Square Realty Inc
Office Contact646-889-9988

Listing Map

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