Check Availability
$1,499,999
↓ $100K (6.3%)
Commercial - For Sale

95-08 Jamaica Avenue

Woodhaven, NY 11208
bedrooms
Studio
bathrooms
0 Bath
$7,943
Estimated Monthly
$0
HOA / Fees
0.53%
Cap Rate

About This Property

Introducing a prime real estate opportunity on the bustling Jamaica Avenue - a mixed-use gem that combines commercial success with residential comfort. This property boasts a strategically positioned store with a secure 8-year lease, providing a stable and lucrative investment for savvy entrepreneurs. Two apartments each feature 3 bedrooms and 1 bath. With its prime location on Jamaica Avenue, your future tenants will benefit from high foot traffic and excellent visibility, ensuring maximum exposure for their enterprise.
Unit Size
-
Days on Market
122 days
Land Size
0.04 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$578
HOA Dues
-
Year Built
1930
Listed By
Maria Trinceri
Century 21 Amiable Rlty Grp II
Last updated: 22 days ago (OneKey MLS #ONE3523238)

Price History

Date / Event Date Event Price
Apr 11, 2024 Price Decreased $1,499,999
↓ $100K (6.3%)
Price Decreased
Jan 2, 2024 Listed by Century 21 Amiable Rlty Grp II $1,599,999
Listed by Century 21 Amiable Rlty Grp II

Property Highlights

Exterior Details

Property Information

Property Type: Commercial Sale
Property Sub Type: Mixed Use
Year Built: 1930

Building Information

Building Area Units: Square Feet

Lot Information

Lot Size Acres: 0.04
Lot Size Square Feet: 1728
Lot Size Dimensions: 20x86.42
Financial Details
Tax Annual Amount: $6,931

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Bedroom Count: 0
  • Floor Count: 3
  • Living Units: 3
  • Business/Commerical Units Count: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,728
  • Lot Size Depth Feet: 864
  • Lot Size Frontage Feet: 200
  • Total Building Area: 3,180
  • Gross Building Area: 3,180
  • Building Area: 3,180
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: CO-OPERATIVE BLDG ASSOCIATION
  • Land Acres: 0.4
  • Standard Land Use Code: Retail/residential (mixed use)

Ownership

  • Current Owner : DIBARTOLO ROSARIA S
  • Previous Owner : REDBIRD REALTY CORP

Neighborhood

  • School District Name: New York City Department Of Education
  • School Tax School District: QUEENS
  • Census Tract: 001400

Zoning

  • Zoning: R6A

Geography

  • Assessors Map Reference: Feb 18, 2039
  • Account Number: 4-08936-0004
  • Section: 3902
  • Parcel: 08936-0004
  • Block: 8936
  • Lot: 4
  • Municipality: WOODHAVEN
  • Latitude: 40.6941
  • Longitude: -73.85

    Address

  • Full Address: 95-8 Jamaica Ave
  • Address - House Number: 95-8
  • Address - Street Name: Jamaica
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Jamaica
  • Zip Code: 11421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,855

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $419,845
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Sep 28, 2010
  • First Open Lien Mortgage Loan Amount: $419,845
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 28, 2040

    Market Valuation

  • Market Total Value: $1,101,000
  • Market Land Value: $212,000
  • Market Improvement Value: $889,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,128
  • Assessed Land Value: $6,571
  • Assessed Improvements Value: $27,557

    Sales

  • Current Sale Contract Date: Sep 21, 2010
  • Current Sale Recording Date: Sep 28, 2010
  • Current Sale Transaction ID: 1066287232
  • Current Sale Price: $519,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2010000326725

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Sep 28, 2010
  • First Mortgage Loan Amount: $419,845
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Commercial
Loft
-
-
$1,288,000 May 26, 2022
$1,288,000 Dec 15, 2022
$1,412/mo
Multifamily
8 Beds
3 Baths
-
$1,300,000 Jul 30, 2021
$1,300,000 Dec 2, 2021
$689/mo
Multifamily
8 Beds
4 Baths
-
$1,500,000 Nov 30, 2019
$1,500,000 Mar 26, 2020
$533/mo
Multifamily
8 Beds
4 Baths
-
$1,290,000 Feb 28, 2023
$1,290,000 Jul 28, 2023
$737/mo
Multifamily
8 Beds
4 Baths
-
$1,150,000 Jun 4, 2021
$1,150,000 Dec 21, 2021
$635/mo
Multifamily
7 Beds
4 Baths
-
$1,270,000 Sep 8, 2021
$1,270,000 Jan 31, 2022
$606/mo
House
Stu
-
-
$1,580,000 Aug 23, 2023
-
$483/mo
Land
Loft
-
-
$1,780,000 Sep 1, 2023
-
$442/mo
House
4 Beds
3 Baths
-
$1,298,000 Apr 4, 2023
-
$576/mo
House
3 Beds
2 Baths
-
$1,300,000 May 24, 2023
-
$455/mo
Multifamily
5 Beds
5 Baths
-
$1,450,000 Sep 25, 2023
-
$1,073/mo
Multifamily
5 Beds
5 Baths
-
$1,399,000 Sep 29, 2023
-
$744/mo

About Southwestern Queens


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Frequently Asked Questions

When was property at 95-8 Jamaica Avenue built and last sold?
The property at 95-8 Jamaica Avenue was built in 1930 and last sold on Sep 21, 2010 for $519,000.
How much is this home worth?
The estimated value of the home located at 95-8 Jamaica Avenue is $1,615,999.
What are some comparable homes to 95-8 Jamaica Avenue?
Homes that are comparable to 95-8 Jamaica Avenue include a house property at 85-5 Jamaica Avenue, a land property at 10430 Jamaica Avenue, a house property at 94-29 Park Lane South.

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