Portfolio Property

Jamaica Ave

Queens

Date Acquired
May 2020
Type
Mixed-Use (Residential/Retail)
Square Feet
2200
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Originally a two-story mixed-use property with a residential unit tucked behind the retail space, this asset was reconfigured to add two legal apartments above the store.


The result was a substantial increase in income potential while maintaining a strong commercial presence at street level. Since acquisition, the building’s value has more than tripled, delivering a 3.0x+ equity multiple and exceptional long-term yield—demonstrating Argentum’s ability to unlock hidden development potential in underutilized properties.

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