21711 Jamaica Avenue

Excellent mixed-use investment opportunity in the heart of Queens Village on busy Jamaica Avenue. This well-maintained property features one ground-floor commercial unit and two residential apartments on the second floor. The commercial space is occupied by an established laundromat paying $3,900/month plus 50% of the real estate taxes, with approximately 8 years remaining on the lease. The second floor consists of two residential units. The front apartment is rented for $1,300/month. The rear apartment is currently occupied by the building superintendent and generates $1,000/month. Both residential units are month-to-month and can be delivered vacant, offering flexibility for owner occupancy or rental repositioning. Property size is 18’ x 106’ with a building size of 18’ x 55’. Annual real estate taxes are only $6,892. Conveniently located directly across from the Queens Village LIRR station with excellent visibility, heavy foot traffic, and easy access to transportation, shopping, restaurants, and major roadways. An ideal opportunity for investors seeking stable income with future upside potential.