Buy with Yoreevo
$5,885,175
List Price: $5,990,000
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13821 Jamaica Avenue

House in Jamaica •  building info
studio • 4,675ft² $1,281 per ft²
Buy with Yoreevo

$5,885,175

List Price

$5,990,000

Key Details
Days on market
13
Last price change
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Estimated payment
$35,942/mo
Taxes
$3,620/mo
Maintenance
N/A
Description
Rare opportunity to purchase a fully occupied investment property with development potential located in the Downtown Jamaica special zoning district. The subject includes two lots with an approximate size of 4675 sq. ft. zoned R7X,C2-4. Five commercial plus seven residential, free market tenants make up this cash flowing asset with an NOI of 350K and an in place 5.84% cap rate. A corner property with tremendous visibility at the intersection of Queens Blvd. and Jamaica Ave. make this an incredible cash flow or development opportunity. Detailed income and expenses available upon request.

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Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$5,990,000
Asking Price: $5,990,000
Term
30 Years
Down Payment
$599,000 (10%)
Min: 10% (599,000)
Rate
6.0 %
Mortgage Amount
$5,391,000
Mortgage Payment
$32,322
Taxes
$3,620
Estimated Yoreevo rebate
$104,825
Estimated closing cost
$270,000
Total monthly cost $35,942
Buy your dream home with us and get an estimated
$104,825 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Landmark International R E

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