172-02 Linden Boulevard, Jamaica, NY 11434
sale
$1,388,000
|
Other
Courtesy Of All Island Estates Realty Corp
Calling All Investors, Developers, & End-Users!!! 9.22 Cap 5 Unit 3,600+ Sqft. Corner Mixed-Use Building On Linden Blvd. For Sale!!! The Property Features Excellent Signage, Great Exposure, R5B/R3X/C2-3 Zoning, High 10' Ceilings, Basement, 6 Parking Spaces, Separate Meters, 200 Amp Power, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Jamaica 1 Block From Merrick Blvd. & Minutes From The St. Albans LIRR Station!!! The Property Has 21' Of Frontage On Linden Blvd. & 117' Of Frontage On 172nd St.!!! Neighbors Include Chase Bank, Citizens Bank, The Home Depot, Stop & Shop, Crunch Fitness, AutoZone, Mobil, Conoco, McDonald's, Domino's Pizza, Papa John's, IHOP, Liberty Tax, Aldi, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site / The Next Home For Your Business!!! Income: Store (2,400 Sqft.): $51,600 Ann.; $1,200 Ann. Inc.; Lease Exp.: 9/1/28.; 5 Year Option. Apt. 1 (1 Br.): $22,200 Ann.; Lease Exp.: 6/30/26. Been Here 5 Years So Far. Apt. 2 (3 Br.): $36,000 Ann. (Delivered Vacant) Apt. 3 (1 Br.): $20,100 Ann.; Lease Exp.: 6/30/26. Apt. 4 (1 Br.): $19,800 Ann.; M-M. Tax Rebate (Paid By The Store): $5,000 Ann. Water Rebate (Paid By The Store): $6,000 Ann. Pro Forma Gross Income: $160,700 Ann. Expenses: Gas: $2,826 Ann. Electric: $560 Ann. Maintenance & Repairs: $250 Ann. Water & Sewer: $1,800 Ann Insurance: $2,823 Ann. Taxes: $18,706.32 Ann. Total Expenses: $26,965.32 Ann. Net Operating Income (NOI): $133,734.68 Ann. (Pro Forma 9.22 Cap!!!)
Read More About This Property
Read Less About This Property
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Property Features
- Age: Over 50 Years Old
- Building Units: 5
- Cooling System: Central Air
- Exterior Type: Brick
- Exterior Type: Frame
- Heating System: Natural Gas
- MLSID: 980052
Data powered by Attom Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
You may also be interested in...
sale
$1,800,000
Other
12802 Rockaway Boulevard
South Ozone Park, NY 11420
Land: 0.05 Acres
Courtesy Of All Island Estates Realty Corp
sale
$1,788,888
Retail
9412 Jamaica Avenue
Woodhaven, NY 11421
Land: 0.04 Acres
Courtesy Of NY SPACE FINDERS INC
sale
$1,750,000
Other
9101 80th Street
Woodhaven, NY 11421
Land: 0.05 Acres
Courtesy Of eXp Realty
sale
$1,699,000
Other
103-01 101st Avenue
Jamaica, NY 11416
Courtesy Of vision homes real estate llc