8818 Jamaica AveWoodhaven, NY 11421

For Sale
$1,180,000
Prime Location, Restaurant & Apartment

Overview

Added:
Feb 3
Days on market:
71
This exceptional mixed-use property in Woodhaven, NY presents a lucrative investment opportunity. Located at 8818 Jamaica Avenue, this building boasts a total of 3,780 square feet situated on a 20.44 x 106.96 foot lot. The ground floor encompasses a thriving restaurant, established in 1996 and currently operating as one of three successful branches in New York City, with dimensions of 20 x 75 feet. The upper floors, measuring 20 x 55 feet, comprise a spacious three-bedroom apartment, offering significant rental income potential. The property benefits from an extremely convenient location, with a bus stop directly in front and proximity to a subway station, ensuring high visibility and accessibility. Annual property taxes are $22,167. This turnkey investment combines the established success of a long-standing restaurant with the added value of a residential rental unit, making it an ideal opportunity for both seasoned investors and those seeking a diversified portfolio. The property is being sold via a contract vendee sale. Serious inquiries only.

Property Details for 8818 Jamaica Ave

Property type
Mixed-use properties
Square Feet
3,780 SF

Location Insight

City
Woodhaven
County
Queens
State
New York
Latitude
40.69249
Longitude
-73.85574
8818 Jamaica Ave, Woodhaven, New York

FAQs

What type of property is this?
Mixed-use property - Prime Location, Restaurant & Apartment
Where is the mixed-use property located?
The property is located at 8818 Jamaica Ave Woodhaven, NY.
What is the asking price?
The asking price for this property is $1,180,000.
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8818 Jamaica Ave
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