RIPCO REAL ESTATE has been retained on an exclusive basis to arrange for the sale of 120-09 JAMAICA AVENUE — in Richmond Hill, Queens (the ‘Property’).
The Property is a two-story mixed-use building consisting of a recently renovated ground-floor retail space and a two-bedroom, two-bathroom apartment above. Fully-occupied and cash-flowing, the asset provides secure tenancy in place and long-term ownership appeal within a dynamic neighborhood corridor.
The Property is situated across the street from the J & Z subway station at Jamaica Avenue / 121st Street. Additionally, the Property will benefit from the construction of a brand new 692-seat elementary school located directly across the street.
With a newly upgraded retail space, existing residential tenants, and prime positioning along a busy corridor, this opportunity is ideally suited for investors seeking a secure mixed-use building in a well established neighborhood in Queens.
For additional information or to schedule a property inspection, please contact the Exclusive Brokers.