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85-05 Jamaica AvenueWoodhaven, NY 11421

For Sale

$1,580,000

Smart Buyer Rebate $19,750

This mixed-use 3 units property on Jamaica Ave seamlessly blends commerce with comfort. Ideally suited for retail ventures, the street-level 2000 sqf storefront is the perfect canvas for your dream business or leasing opportunity, guaranteeing an attractive ROI. Above, you'll find two apartments on the 2nd floor. With its prime location on bustling streets, this gem ensures high visibility, incredible foot traffic, and unlimited potential. It's R6A zoning with potential buildable, right next to J/z 85 st train station. Live above your thriving retail space or lease it out for an added income stream. This is a rare find, exquisitely designed to maximize both your personal and professional aspirations. Dive into the dynamic synergy of city living! Don't miss this unique investment opportunity. Current cap rate is 6% and Pro Forma cap rate is 7.5%. Schedule your viewing today.

Listed by Jiangwei Zhou

·

EXP Realty

·

888-276-0630

Last updated April 12, 2025

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Source: OneKey #838650

Listing Facts

  • TypeMulti-family
  • NeighborhoodWoodhaven
  • Bedrooms3
  • Bathrooms3
  • Days on Prevu170
  • Taxes$5,790/year

Location

Mortgage Calculator

Listing History

03/21/2025
Listed by EXP Realty
$1,580,000

Estimated Closing Costs

Total
$56,742
Attorney Fees
$4,000
NYC Mansion Tax
$15,800
Title Insurance
$7,110
Bank Attorney
$1,500
Mortgage Recording Tax
$24,332
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $1,580,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 85-05 Jamaica Avenue

Association

Amenities

  • Association Amenities: Park

Exterior

Construction

  • Number Of Units Total: 2
  • Year Built: 1931
  • Architectural Style: Other
  • Construction Materials: Brick

Measurements

  • Building Area Units: Square Feet
  • Lot Features: Near Public Transit, Near School, Near Shops
  • Lot Size Dimensions: 20
  • Lot Size Square Feet: 2,035

Financial

Taxes

  • Parcel Number: 08859-0029
  • Tax Annual Amount: $5,790.00
  • Tax Year: 5790

Interior

Features

  • Interior Features: Eat-in Kitchen

Rooms

  • Basement: See Remarks, Full, Unfinished
  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 3

Other

Location

  • Tax Block: 8859
  • Tax Lot: 29

Parking

Parking

  • Parking Features: On Street

Schools

High School

  • High School: Epic High School-South
  • High School District: Queens 27

Middle or Junior School

  • Middle Or Junior School: John Adams High School

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Heating: Other, Electric
  • Sewer: Public Sewer
  • Utilities: See Remarks
  • Water Source: Public

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2025, OneKey™ MLS. All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.