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9022 161st Street

Jamaica, NY 11432
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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 $2,000/month and front 2-bedroom (1 bath) rented at $2,300/month. Third Floor: 3-bedroom unit (2 baths ) rented at $3,000/month. Fourth Floor: 3-bedroom unit (2 baths) rented at $2,600/month. Second- and third-floor residential units can be delivered vacant. The fourth-floor apartment is tenant-occupied. Strong income-producing property with approximately $203,000 in gross annual rent. Constructed with solid brick, the building offers long-term stability and strong fundamentals for both buy-and-hold investors and value-add strategies. Building Dimensions: 25.76 x 65 and Lot: 25.76 x 70.13 , Zoning : C4-4D. Just steps from Jamaica Center. Close to Target, Burlington, H&M, Marshalls, Shake Shack, Chipotle, Starbucks, supermarkets, banks, restaurants, and many other shopping and dining options. Conveniently located near the Jamaica Center–Parsons/Archer Station with access to the E, J, and Z subway lines, the LIRR, AirTrain JFK, and multiple bus routes, providing easy access to Manhattan, Long Island, and JFK Airport.

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Detail Ic Property Details

Property Type : Residential Income

Price : $2,680,000

AD Id : 87892375

MLS Id : 1024527

Lot Size : 0.04 Acre

Year Built : 2003

County : Queens

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Feature Features

  • Room Information

    Basement: Finished, Full
  • Interior Features

    Eat-in Kitchen, High Ceilings, Natural Woodwork, Other
  • Heating & Cooling

    Has Heating: Yes Heating: Baseboard, Other Has Cooling: Yes Cooling: Wall/Window Unit(s)

  • Building Information

    Year Built: 2003 Building Area Total: 6480 Construction Materials: Brick Private Pool: No

  • Lot Information

    Lot Size Acres: 0.0415 Lot Size Square Feet: 1807

  • Listing Price Information

    Listing Price: $2680000

  • Tax Information

    Parcel Number: 09757-0036 Annual Tax: $48597.24

  • Parking Information

    On Street

  • School Information

    Elementary School: Ps 182 Samantha Smith
    Junior High School: Ms 358
    Senior High School: Hillcrest High School
  • Utility Information

    Natural Gas Available, Cable Connected, Electricity Connected, Natural Gas Connected, See Remarks, Water Connected
  • Location Information

    WaterSource: Public
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The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 OneKey MLS. All Rights Reserved

ByOwner last updated this listing 07/16/2026 @ 16:25

MLS: 1024527 LISTED BY: Ai Voon, Apple Realty Group Corp 718-888-2965 SOURCE: OneKey MLS

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