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Welcome to a beautiful luxury development 172-30 93rd Ave

9 Unit Block of Flats £5,490,870 (£610,097/Unit) Jamaica, NY 11433

Investment Highlights

  • Heavy Daytime foot traffic
  • new brick style and open layout
  • 20 car underground garage
  • Lots of natural light
  • 2 rooftop balconies
  • 2 commercial units and 9 residential luxury units

Executive Summary

For Sale: Massive 13,500 sqft Townhouse in the Heart of Jamaica, Queens, NY
Address: Jamaica Ave, Jamaica, NY 11432, United States
This exceptional property offers enormous potential for cash flow and development. Featuring a 13,500 sqft building with full plans available (which can be modified to your specifications), this is an ideal opportunity for investors or developers looking for a prime location in one of New York’s most heavily populated and vibrant neighborhoods. The building includes:
• 20 Beds, 10 Baths
• Rental Income Breakdown:
• 3-Bedroom, 2-Bath Units (3 units) – $9,000/month
• 2-Bedroom, 2-Bath Units (6 units) – $13,800/month
• Commercial Units (2 units) – $3,000/month
• Basement Storage (8,000 sqft) – Potential $4,000–10,000/month
Estimated Cash Flow: $20,000–43,000/month
Key Features:
• Prime Location: Located near Jamaica Avenue, a bustling commercial hub in Queens.
• Parking: Includes 10 private parking spaces.
• Revenue Potential: High demand for residential and commercial spaces in this densely populated area.
• Flexibility: Full plans are available, with the option to modify the design to suit your needs.
• Close Proximity: Conveniently close to shops, restaurants, and public transportation.
This is a rare opportunity to own a versatile, high-income-producing property in one of New York’s most sought-after areas. Don’t miss out on the potential for lucrative returns. Contact us today for more details and to schedule a showing!

Attachments

Brochure

Property Facts

Price £5,490,870
Price Per Unit £610,097
Sale Type Owner User
Sale Conditions Portfolio Sale
No. Units 9
Property Type Residential
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Industrial Warehouse
  • Office Medical
Apartment Style Mid Rise
Building Class B
Lot Size 0.19 AC
Building Size 18,500 SF
Average Occupancy 0%
Number of Floors 4
Year Built 2024
Opportunity Zone Yes

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
Walk Score ®
Walker's Paradise (92)
Transit Score ®
Rider's Paradise (100)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10219-0032
Land Assessment
£116,252
Improvements Assessment
£146,417
Total Assessment
£262,669

zoning

Zoning Code R-5 (Mix use building)
R-5 (Mix use building)
  • Listing ID: 32178526

  • Date on Market: 18/06/2024

  • Last Updated:

  • Address: 172-30 93rd Ave, Jamaica, NY 11433

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