9022 161st Street, Jamaica, NY 11432

Jamaica
Local realty services provided by:Better Homes and Gardens Real Estate Realty Connect
9022 161st Street,Jamaica, NY 11432
$2,498,000
  • - Beds
  • - Baths
  • 6,480 sq. ft.
  • Multi-family
  • Active
Listed by: ai li voon, kim h. foh
Office: apple realty group corp
MLS#:1024527
Source:OneKey MLS

Price summary

  • Price:$2,498,000
  • Price per sq. ft.:$385.49

About this home

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...

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Home facts

  • Year built:2003
  • Listing ID #:1024527
  • Added:44 day(s) ago
  • Updated:August 24, 2026 at 11:05 AM

Rooms and interior

  • Dining Description:Eat-In Kitchen
  • Kitchen Description:Eat-in Kitchen
  • Basement:Yes
  • Basement Description:Finished, Full
  • Living area:6,480 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Year built:2003
  • Building area:6,480 sq. ft.
  • Lot area:0.04 Acres
  • Construction Materials:Brick

Schools

  • High school:Hillcrest High School
  • Middle school:Ms 358
  • Elementary school:Ps 182 Samantha Smith

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,498,000
  • Price per sq. ft.:$385.49
  • Tax amount:$48,597 (2025)

Features and amenities

  • Amenities:High Ceilings

Parking

  • Parking description:On Street
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