1 year on rocket

85-05 Jamaica Ave, Woodhaven, NY, 11421

$1,580,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
Multi

Location

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85-05 Jamaica Ave, New York$1,580,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOn Street
Year Built1931
HeatingOther, Electric
CoolingWall Unit(s)
MLS #L3499726
StatusActive

About 85-05 Jamaica Ave

This mixed-use 3 units property on Jamaica Ave seamlessly blends commerce with comfort. Ideally suited for retail ventures, the street-level 2000 sqf storefront is the perfect canvas for your dream business or leasing opportunity, guaranteeing an attractive ROI. Above, you'll find two apartments on the 2nd floor. With its prime location on bustling streets, this gem ensures high visibility, incredible foot traffic, and unlimited potential. It's R6A zoning with potential buildable, right next to J/z 85 st train station. Live above your thriving retail space or lease it out for an added income stream. This is a rare find, exquisitely designed to maximize both your personal and professional aspirations. Dive into the dynamic synergy of city living! Don't miss this unique investment opportunity. Current cap rate is 6% and Pro Forma cap rate is 7.5%. Schedule your viewing today.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1931

Listing Office:

  • Office Name: EXP Realty
  • Office Phone: (888) 276-0630

Interior Features

Interior Information:

  • Basement: No
  • Interior: Eat-in Kitchen

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot: Near Public Transit

Utilities

Utilities Information:

  • Heating: Other, Electric
  • Cooling: Wall Unit(s)

Other

Directions Information:

  • Directions: See Google Map.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,580,000
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Housing Market Comparison

See how this home compares to others in New York, NY.

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New York, NY

City

Med. Sold Price

$850.1K

Med. Price/SqFt

$667

Avg. Days On Market

85

# of Sold Homes

1747

85-05 Jamaica Ave vs New York

482 DAYS ON ROCKET

+397 Days

$1,580,000

+$729.8K More

KEY TAKEAWAY

This property is $729.8K more than the Median Sold Price in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY2
  • MLS Number: #L3499726

Listing Office:

  • Office Name: EXP Realty
  • Office Phone: (888) 276-0630

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.

Information Copyright 2024, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 12/17/2024, 10:56:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$7,953

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,803

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4264071
4
/10

  • P.S. 7 Abraham Lincoln School

  • 858 Jamaica Ave

  • 0.31 miles

  • Public District Grades KG-5

school-card-donut-4264072
5
/10

  • P.S. 97 Forest Park School

  • 8552 85th St

  • 0.47 miles

  • Public District Grades KG-5

school-card-donut-4264073
7
/10

  • P.S. 65 Brooklyn

  • 696 Jamaica Ave

  • 0.62 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $57,609. The most common annual income of people living in New York, NY is between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Queens County›New York›11421›85-05 Jamaica Ave

This home is located at 85-05 Jamaica Ave in Woodhaven, NY and zip code 11421 in the Woodhaven neighborhood. This home was built in 1931. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 23, 2023 and is currently priced at $1,580,000.

In November 2024, from all listings sold in New York, NY there were more than 220 sold above asking price, over 758 sold below and more than 769 were sold right at the asked price. The number of listings in New York, NY decreased by 7.2% between October 2024 and November 2024. In November 2024 median list price was $850,115 and the average listing age was 85 days.

From Rocket Homes Real Estate and based on county public records data.

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