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$1,580,000
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Property Description
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.
Full Property Details
Full Property Details for 85-05 Jamaica Ave
General
- Price: $1,580,000
- Taxes: $5,790
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 838650
- Updated: 4/12/2025
- Added to Site: 303 day(s) ago
Interior
- Interior Features: Eat-in Kitchen
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Additional Information
- Shared Amenities: Park
Parking
- Parking Features: On Street
Location
- County: Queens
- Cross Streets: Jamaica Ave
School Information
- High School District: Queens 27
- Middle School: John Adams High School
- High School: Epic High School-South
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Other, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: See Remarks
Structural Information
- Architectural Style: Other
- Detached/Attached: Detached
- Construction: Brick
- Basement: Yes
- Basement Desc.: See Remarks, Full Basement, Unfinished
- Year Built: 1931
Lot Features
- Lot Size (Sq. Ft.): 2,035
- Lot Dimensions: 20.08 x 101.33
- Lot Features: Near Public Transit, Near School, Near Shops
Financial Considerations
- Tax Amount: $5,790
Disclosures and Reports
- Special Conditions: None
- Property ID: 08859-0029
- Block: 8859
- Lot Number: 29
Listed by EXP Realty
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Schools
Schools serving 85-05 Jamaica Ave
School District:New York City Geographic School District 27
| Name | Grades | Distance |
|---|---|---|
Ps 97 Forest Park 85-52 85th St, Queens, NY 11421 | K-5 | 0.1 mi |
Jhs 210 Elizabeth Blackwell 93-11 101st Ave, Queens, NY 11416 | 6-8 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 85-05 Jamaica Ave
Date
Details
Price
Change
Source
3/21/2025
Listed
$1,580,000
62.05%
MLS
11/01/2018
Sold
$975,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 85-05 Jamaica Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,434
6%
$32,035
-33%
2024
$6,070
6%
$47,640
67%
2023
$5,727
—
$28,512
-38%
2022
$5,755
-2%
$46,200
14%
2021
$5,873
4%
$40,440
-17%
2020
$5,651
6%
$48,720
-5%
2019
$5,331
11%
$51,300
116%
2017
$4,814
—
$23,760
1%
2017
$4,814
4%
$23,616
2%
2016
$4,649
797%
$23,256
5%
2015
$518
-87%
$22,247
6%
2014
$3,864
8%
$20,988
6%
2013
$3,583
—
$19,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 85-05 Jamaica Ave
85-05 Jamaica Avenue, Woodhaven, NY 11421 (MLS# 838650) is a Multi-Family property with 2 units containing 3 bedrooms and 3 full bathrooms. 85-05 Jamaica Avenue is currently listed for $1,580,000 and was received on March 21, 2025. Want to learn more about 85-05 Jamaica Avenue? Do you have questions about finding other Multi-Family real estate for sale in Woodhaven? You can browse all Woodhaven real estate or contact a Coldwell Banker agent to request more information.

