$2,680,000
Active
1 days on market
9022 161st St
📍 Jamaica, Jamaica, NY 11432
—
Studio
6,480
Sqft
$414
Per sqft
2003
Year built
Co-op
Type
About this property
Mixed use residential and commercial building in the heart of Jamaica. Prime Investment Opportunity - Ideal for 1031 Exchange Buyers - Free Market 5-Unit Mixed-Use Property Mixed-use brick building located in the heart of Jamaica, Queens featuring 1 commercial store and 4 residential apartments, offering strong income potential and flexibility for both investors and end users. The first-floor commercial space is leased to a restaurant tenant at $5,600/month, plus 35% of annual property taxes as additional rent. The commercial space can be delivered with the existing tenant in place for immediate income or vacant at closing for an owner-user. Second Floor: Rear 1-bedroom (1 bath) rented at $
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Amenities & features
Key facts
Mixed use building
Tenant occupied
Long term stability
Property details
Property typeCo-op
Listing statusActive
Lot size1,807 sqft
Year built2003
Days on market1 days
MLS #1024527
Estimated monthly payment
Listing price$2,680,000
Down payment (20%)$536,000
Loan amount$2,144,000
Principal & interest (7%, 30yr)$14,264/mo
Property tax (est.)$2,606/mo
Home insurance (est.)$1,116/mo
Estimated total$17,986/mo
Estimates only. Contact a lender for accurate figures. Does not include closing costs or PMI.