Description
Discover a golden investment opportunity at 162-25 Liberty Ave, Jamaica, NY 11433. This one-story, 4, 650-square-foot retail strip center is strategically located at the bustling junction of Liberty Avenue and Merrick Blvd. It boasts 15 parking spots on a generous 7, 000-square-foot lot and features a lineup of national tenants, including Popeye and Dunkin Donuts, a Restaurant, and a Clothing & shoes store. At an annual net income of $243K+ and an impressive CAP rate of 5.3%, there’s immediate potential for additional income. In the vibrant neighborhood of Jamaica, Queens, this property offers a winning combination of location and financial stability. Situated near educational institutions and key transportation hubs, it attracts both students and commuters, guaranteeing foot traffic and visibility. With a well-established tenant roster, 162-25 Liberty Ave. ensures a reliable stream of income. This investment opportunity promises immediate returns and the potential for long-term appreciation, making it an ideal addition to your portfolio. In the heart of Queens, close to CUNY York College and Jamaica Station, high traffic and growth potential converge.