15911 Linden BlvdJamaica, NY 11434

  • Office buildings
  • 750 SF
For Sale
$679,000 View listing

Property Details for 15911 Linden Blvd

Year built
1931
Lot size
0.02 AC
Property size (Sq ft)
750 SF
Zone code
R3A
Property type
Office buildings
APN
12196-0015
APU
121960015

Description

This 750 square foot commercial property, located at 15911 Linden Blvd in Jamaica, NY, presents a fantastic investment opportunity. Situated on a 0.05-acre lot, this office space is ideally suited for a variety of uses, including but not limited to, office space, restaurant, or retail store. The property benefits from its prime location on busy Linden Boulevard, ensuring high visibility and significant foot and car traffic, translating to excellent potential for customer reach and business growth. The asking price is $679,000. This presents a compelling opportunity to acquire a well-positioned commercial space in a thriving area of Queens, New York. The building's size and location make it an attractive option for entrepreneurs and established businesses alike seeking a high-traffic location to establish or expand their operations. The property's versatility allows for a range of business models, providing flexibility for potential buyers. Serious inquiries are encouraged to explore this promising investment prospect further. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations. Don't miss this chance to secure a valuable commercial asset in a dynamic and bustling neighborhood.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $147,272
    6.5%
    $135,944
    7%
    $126,234
  • Comparable approach

    Method
    Valuation
    Relative Method
    $97,995
    Geo Method
    $97,995
  • Alternative Use

    Use
    Valuation
    Residential
    $168,570
    Hospitality
    $154,410
    Educational
    $128,467
    Medical
    $132,885
    Retail
    $199,837
15911 Linden Blvd, Jamaica, New York

Location Insight

City
Jamaica
County
Queens
State
New York
Latitude
40.6884
Longitude
-73.7882
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$5,910
$9,900
$45,900
$55,800
-
$22,000
$102,000
$124,000

FAQs

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