17210 Linden BlvdJamaica, NY 11434

Property Details for 17210 Linden Blvd

Year built

1931

Lot size

0.05 AC

Property size (Sq ft)

2,400 SF

Zone code

R5B

Property type

Investment properties

Property subtype

Live-work space

APN

12394-0094

APU

123940094

Description

This exceptional mixed-use property in Jamaica, Queens, presents a prime investment opportunity. Located at 17210 Linden Blvd, this 2,400 square foot building boasts a spacious commercial unit on the first floor, ideal for retail, office space, or a cafГ©, benefiting from high foot traffic due to its position near the intersection of Linden and Merrick Boulevards. The upper floors feature two income-generating residential apartments: a one-bedroom and a two-bedroom unit, each offering excellent layout potential. The property's strategic location provides unparalleled accessibility. It's situated near major thoroughfares including Jamaica Avenue, a bustling commercial hub, and offers easy access to multiple MTA bus routes and nearby train stations, providing seamless connectivity to Manhattan, Brooklyn, and Long Island. Convenient access to the Belt Parkway, Van Wyck Expressway, and Grand Central Parkway further enhances its appeal for both commuters and businesses. Nearby parks and recreational facilities add to the neighborhood's desirability. This versatile property offers endless possibilities for investors and entrepreneurs seeking a thriving business and stable rental income, all within one of Queens' most dynamic and rapidly growing neighborhoods. The asking price is $749,999.

• CAP approach

  CAP return

  Valuation

  6%

  $396,792

  6.5%

  $366,269

  7%

  $340,107

• Comparable approach

  Method

  Valuation

  Relative Method

  $313,584

  Geo Method

  $313,584

• Alternative Use

  Use

  Valuation

  Residential

  $454,174

  Hospitality

  $416,021

  Educational

  $346,124

  Medical

  $358,028

  Retail

  $538,416

Location Insight

City

Jamaica

County

Queens

State

New York

Latitude

40.6918

Longitude

-73.7777

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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