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89-17 Jamaica Ave 2,146 SF 50% Leased Retail Building Jamaica, NY 11421 $1,099,000 ($512.12/SF) 6.08% Cap Rate
INVESTMENT HIGHLIGHTS
- Good amount of foot traffic
- Lots of upgrades to entire property
EXECUTIVE SUMMARY
This property benefits from significant foot traffic, ideal for retail businesses.
Recently renovated, it features new windows, flooring, kitchen, bathroom, hot water tank and upgraded electrical panel, ensuring modern efficiency and low maintenance.
The building includes one retail unit and one 2 bedroom 1 bathroom apartment.
The retail unit, currently occupied by a pharmacy, will be vacant in January 2026.
Please contact listing agent Jimmy Ma 516-728-8139 for showing.
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
AMENITIES
- Bus Line
- Metro/Subway
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
High foot traffic retail space on Jamaica Ave Space fits all types of retail businesses. Very close to the train station. approx. 18 feet glass store front with good exposure. This retail space comes with full size basement for the storage purpose. Landlord pays the property tax and tenant pays the rent ($4,500/m) and their own utilities only.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,073 SF | Retail | - | Jan 2026 |
1st Floor
| Size |
| 1,073 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Jan 2026 |
1st Floor
| Size | 1,073 SF |
| Space Use | Retail |
| Position | - |
| Available | Jan 2026 |
High foot traffic retail space on Jamaica Ave Space fits all types of retail businesses. Very close to the train station. approx. 18 feet glass store front with good exposure. This retail space comes with full size basement for the storage purpose. Landlord pays the property tax and tenant pays the rent ($4,500/m) and their own utilities only.
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 08868-0032 | Improvements Assessment | $25,920 |
| Land Assessment | $9,028 | Total Assessment | $34,948 |
PROPERTY TAXES
Presented by
East Coast New York Inc.
89-17 Jamaica Ave
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