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

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

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

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingOn Street
Year Built1931
HeatingElectric, Other
CoolingWall Unit(s)
BasementYes
MLS #3499726
Lot Size0.05 Acres
StatusActive
(A)

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: Store+Dwell
  • Year Built: 1931

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Oven, Washer
  • Basement: Yes
  • Interior: Eat-in Kitchen

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: See Google Map.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,580,000
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

New York, NY

City

Med. Sold Price

$856.1K

Med. Price/SqFt

$645

Avg. Days On Market

84

# of Sold Homes

1952

85-05 Jamaica Ave vs New York

450 DAYS ON ROCKET

+366 Days

$1,580,000

+$723.8K More

KEY TAKEAWAY

This property is $723.8K 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: ONEKEY
  • MLS Number: #3499726

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: 11/16/2024, 11:11:48 AM 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-76150
4
/10

  • P.S. 7 Abraham Lincoln School

  • 858 Jamaica Ave

  • 0.31 miles

  • Public District Grades KG-5

school-card-donut-76151
5
/10

  • P.S. 97 Forest Park School

  • 8552 85th St

  • 0.47 miles

  • Public District Grades KG-5

school-card-donut-76152
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. Typical family type is single, no kids. The majority of residents in this area 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, which was built in 1931, sits on a 0.05 acre lot. 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 October 2024 more than 269 listings in New York, NY were sold above the asking price. During the same period more than 850 listings were sold at asking price, while more than 833 were sold below. Between September 2024 and October 2024, New York, NY real estate market has seen increase in the number of listings by 1.8%. Listings spent 84 days on the market in October 2024, and had a median list price of $856,124 during the same period.

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

More Resources