Ad #7579458
MLS #11877517
Rare opportunity to purchase a fully occupied investment
138-19 Queens Blvd, Jamaica, New York, 11435
$5,990,000
--Beds
7Baths
6,580Sqft
0.107Acres
About this property
Rare opportunity to purchase a fully occupied investment property with development potential located in the Downtown Jamaica special zoning district. The subject includes two lots with an approximate size of 4675 sq. ft. zoned R7X,C2-4. Five commercial plus seven residential free market tenants make up this cash flowing asset with an NOI of 350K and an in place 5.84% cap rate. A corner property with tremendous visibility at the intersection of Queens Blvd. and Jamaica Ave. make this an incredible cash flow or development opportunity.
Property Features
0 Beds
7 Baths
6,580 Sqft
Built in 1931
0.107 Acres
3 Stories
Siding: Brick
Flat Roof
Natural Gas, Steam, Zoned
$43,437 / yr property tax
Queens County
Briarwood Community
Additional Photos
Contact Information
Lucy Lu
LANDMARK INTERNATIONAL REAL ESTATE GROUP LLC
Location
Listing Agent: Lucy Lu
Broker: LANDMARK INTERNATIONAL REAL ESTATE GROUP LLC 917-530-5075 Listing Site
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: LANDMARK INTERNATIONAL REAL ESTATE GROUP LLC 917-530-5075 Listing Site
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Jul 27, 2026
Photo Gallery
$5,990,000
--
Beds
7
Baths
6,580
Sqft
138-19 Queens Blvd, Jamaica, New York, 11435
By contacting this agent you agree to these Terms and Conditions.
MLS# 11877517
Rare opportunity to purchase a fully occupied investment
$5,990,000
138-19 Queens Blvd, Jamaica, New York, 11435
--
Beds
7
Baths
6,580
Sqft
0.107
Acres
$5,990,000
138-19 Queens Blvd, Jamaica, New York, 11435
-- Beds
7 Baths
6,580 Sqft
0.107 Acres
Rare opportunity to purchase a fully occupied investment property with development potential located in the Downtown Jamaica special zoning district. The subject includes two lots with an approximate size of 4675 sq. ft. zoned R7X,C2-4. Five commercial plus seven residential free market tenants make up this cash flowing asset with an NOI of 350K and an in place 5.84% cap rate. A corner property with tremendous visibility at the intersection of Queens Blvd. and Jamaica Ave. make this an incredible cash flow or development opportunity.
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Property Details
HOME DETAILS
0 Beds
7 Baths
6,580 Sqft
Built in 1931
0.107 Acres
3 Stories
EXTERIOR
Siding: Brick
Flat Roof
INTERIOR
Natural Gas, Steam, Zoned
FINANCIAL & COMMUNITY
$43,437 / yr property tax
Queens County
Briarwood Community
See More Details
Location
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Ad Statistics
Ad Number
7579458
Viewed
25 times
Listing Status
Active
Added
Jul 16, 2026
Last Refresh
Jul 26, 2026 10:42:12 PM
Listing Information
Data Source
My State MLS
Source Property ID
11877517
Listing Agent: Lucy Lu
Broker: LANDMARK INTERNATIONAL REAL ESTATE GROUP LLC 917-530-5075 Listing Site
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: LANDMARK INTERNATIONAL REAL ESTATE GROUP LLC 917-530-5075 Listing Site
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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