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$ 1,699,000
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8809 Jamaica AVE Woodhaven, NY 11421
2,090 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1063313
Rental Info No
Year Built 1931
Annual Tax Amount $6,086
Lot Size 2,090 Sqft
Acres 0.048
Property Sub-Type Mixed Use
Source onekey2
Property Description
Own the building and the bar/restaurant business in one package at 8809 Jamaica Avenue, Woodhaven, NY 11421. Set along Woodhaven's main commercial corridor, this mixed-use property features a street-level storefront configured as a bar and restaurant with a full kitchen, a basement, and a rear patio with potential for additional outdoor seating during the warmer months, subject to applicable approvals.
The storefront fronts busy Jamaica Avenue near neighborhood shops, restaurants, banks, and everyday services. The 85th Street–Forest Parkway J train station and Q56 bus service are nearby, making the property easy to reach for customers, employees, and residents. Forest Park is also close by, adding another neighborhood amenity for the apartments upstairs.
The two second-floor apartments bring in a combined $4,300 per month. The rear apartment rents for $2,350 per month, and the front apartment rents for $1,950 per month. A buyer can operate the bar/restaurant while collecting the residential rents or lease the storefront. At an estimated commercial rent of $7,500 per month, the property could generate $11,800 per month, or $141,600 per year, in gross rental income before expenses.
The storefront fronts busy Jamaica Avenue near neighborhood shops, restaurants, banks, and everyday services. The 85th Street–Forest Parkway J train station and Q56 bus service are nearby, making the property easy to reach for customers, employees, and residents. Forest Park is also close by, adding another neighborhood amenity for the apartments upstairs.
The two second-floor apartments bring in a combined $4,300 per month. The rear apartment rents for $2,350 per month, and the front apartment rents for $1,950 per month. A buyer can operate the bar/restaurant while collecting the residential rents or lease the storefront. At an estimated commercial rent of $7,500 per month, the property could generate $11,800 per month, or $141,600 per year, in gross rental income before expenses.
Location
State NY
County Queens
Rooms
Basement Finished
Interior
Heating Natural Gas
Cooling None
Fireplace No
Exterior
Parking Features On Street
Utilities Available Electricity Connected
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Ps 60 Woodhaven
Middle Schools Jhs 210 Elizabeth Blackwell
High Schools Queens 27
School District Queens 27
Others
Special Listing Condition None
Listed by Realty Executives LAR Group • Juan R. Loubriel
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