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    108-16 Jamaica Avenue

    Richmond Hill, NY 11418
    • $838,000
    • STATUS: Active
    • MLS #: 3292299
    UPDATED: 9 min ago
    $838,000
    • 0
      BEDS
    • 0.04
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    1920
    County:

    School Ratings & Info

    Description

    Calling All Investors, Developers & End-Users!!! 9.1 Cap 2 Unit 2,800 Sqft. Mixed-Use Building For Sale Asking Only $838,000!!! The Property Is Located On Busy Jamaica Avenue Between 109th & 110th Street (Just A Few Blocks From The Subway Station!!!). The Property Features Excellent Signage, Great Exposure, Commuter Rail, High Ceilings, Central Air, +++!!! Neighbors Include T-Mobile, Dollar General, Key Food, Chase, Domino's, +++!!! The Building Will Be Delivered Vacant. Income: 1st Floor (1,800 Sqft.): $58,000 Ann. (Available) 3 Bedroom Apartment (1,000 Sqft.): $38,400 Ann. (Available) Gross Income: $96,400 Ann. (Proforma) Expenses: Taxes: $18,287.00, Insurance: 2,600 Maintenance & Repairs: $250 Electric: $0 Water: $0 Oil: $0 Net Operating Income (NOI): $76,550 (9.1 Cap!!!) (Proforma)

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    © 2021 OneKey MLS. All rights reserved. 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 is deemed reliable but is not guaranteed accurate by the MLS or Barbara Carter Team | Century 21 Alliance Realty Group. Data last updated: 2021-09-22T09:16:36.227.
    www.barbaracarterteam.com/homes/114774674
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    108-16 Jamaica Avenue Richmond Hill, NY 11418

    • Price: $838,000
    • Status: Active
    • Updated: 9 min ago
    • MLS #: 3292299
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.04
    Acres
    1920
    Built
    County:
    Queens
    Property Description
    Calling All Investors, Developers & End-Users!!! 9.1 Cap 2 Unit 2,800 Sqft. Mixed-Use Building For Sale Asking Only $838,000!!! The Property Is Located On Busy Jamaica Avenue Between 109th & 110th Street (Just A Few Blocks From The Subway Station!!!). The Property Features Excellent Signage, Great Exposure, Commuter Rail, High Ceilings, Central Air, +++!!! Neighbors Include T-Mobile, Dollar General, Key Food, Chase, Domino's, +++!!! The Building Will Be Delivered Vacant. Income: 1st Floor (1,800 Sqft.): $58,000 Ann. (Available) 3 Bedroom Apartment (1,000 Sqft.): $38,400 Ann. (Available) Gross Income: $96,400 Ann. (Proforma) Expenses: Taxes: $18,287.00, Insurance: 2,600 Maintenance & Repairs: $250 Electric: $0 Water: $0 Oil: $0 Net Operating Income (NOI): $76,550 (9.1 Cap!!!) (Proforma)
    Exterior Features

    Building Size 20X92 Business Parking Spaces 6

    Interior Features

    Ceiling Height Y

    Property Features

    Business Type Miscellaneous Net Operating Income 96400.00 Operating Expense 19850.00 Property Sub Type Mixed Use Property Type Commercial Sale Tax Annual Amount 0.00 Tax Block 9298 Zoning Description Rga

    Listing courtesy of Richard Matt Shane of All Island Estates Realty Corp.
    © 2021 OneKey MLS. All rights reserved.


    © 2021 OneKey MLS. All rights reserved. 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 is deemed reliable but is not guaranteed accurate by the MLS or Barbara Carter Team | Century 21 Alliance Realty Group. Data last updated: 2021-09-22T09:16:36.227.
     
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    Barbara Carter Team | Century 21 Alliance Realty Group
    652 Route 299, Suite 100
    Highland NY, 12528