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    215-12-22 91st Avenue

    Jamaica, NY 11428
    • $2,388,000
    • STATUS: Active
    • MLS #: 3308731
    UPDATED: 35 min ago
    $2,388,000
    • 0
      BEDS
    • 0.09
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1928
    County:
    Area:

    School Ratings & Info

    Description

    Calling All Investors, Developers & End-Users!!! 8.93 Cap 100% Occupied 13 Unit Corner Mixed-Use Building For Sale With 2 Cell Towers!!! Located In There Heart Of Jamaica On The Corner Of 91st Avenue & 215th Place. The Property Features Excellent Signage, Great Exposure, High Ceilings, +++!!! The Property Also Features 2 Cell Towers (Verizon & T-Mobile). The T-Mobile Lease Had Its Rights Sold For 20 Years 12 Years Ago So T-Mobile Should Start Paying Rent To The Landlord Again In 2029. This Property Offers HUGE Upside Potential!!! 215-12 (1 Br Apartment): $17,400 Ann. (M-M) 215-14 (Deli/ Grocery Store)+Apt: $57960 215-16 (1 Br Apartment)+Church $43600 215-18 (1 Br Apartment) + Printing co $42600 215-20 (2 Br Apartment):+ Florist $44820 Ann. 215-22 (2 Br Apartment)+ Barber Shop: $47760 Verizon Wireless Cell Tower: $13,230 Ann.; Lease Exp. 8/1/2028; 5% Ann. Inc. T-Mobile: $0 (They Pay $30,000-$40,000+ Ann. To Someone Else Who Bought The Rights To The Cell Tower Until 2029.

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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: 2021-09-24T16:17:52.78.
    www.barbaracarterteam.com/homes/116675270
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    215-12-22 91st Avenue Jamaica, NY 11428

    • Price: $2,388,000
    • Status: Active
    • Updated: 35 min ago
    • MLS #: 3308731
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.09
    Acres
    1928
    Built
    Neighborhood:
    Queens
    County:
    Queens
    Area:
    Queens
    Property Description
    Calling All Investors, Developers & End-Users!!! 8.93 Cap 100% Occupied 13 Unit Corner Mixed-Use Building For Sale With 2 Cell Towers!!! Located In There Heart Of Jamaica On The Corner Of 91st Avenue & 215th Place. The Property Features Excellent Signage, Great Exposure, High Ceilings, +++!!! The Property Also Features 2 Cell Towers (Verizon & T-Mobile). The T-Mobile Lease Had Its Rights Sold For 20 Years 12 Years Ago So T-Mobile Should Start Paying Rent To The Landlord Again In 2029. This Property Offers HUGE Upside Potential!!! 215-12 (1 Br Apartment): $17,400 Ann. (M-M) 215-14 (Deli/ Grocery Store)+Apt: $57960 215-16 (1 Br Apartment)+Church $43600 215-18 (1 Br Apartment) + Printing co $42600 215-20 (2 Br Apartment):+ Florist $44820 Ann. 215-22 (2 Br Apartment)+ Barber Shop: $47760 Verizon Wireless Cell Tower: $13,230 Ann.; Lease Exp. 8/1/2028; 5% Ann. Inc. T-Mobile: $0 (They Pay $30,000-$40,000+ Ann. To Someone Else Who Bought The Rights To The Cell Tower Until 2029.
    Exterior Features

    Building Size 1566 SF Business Parking Spaces 12

    Interior Features

    Ceiling Height 1

    Property Features

    Business Type Miscellaneous Gross Income 213040.00 Net Operating Income 167340.00 Operating Expense 45700.00 Property Sub Type Mixed Use Property Type Commercial Sale Tax Annual Amount 0.00 Tax Block 10640 Zoning Description R2

    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: 2021-09-24T16:17:52.78.
     
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    Barbara Carter Team | Century 21 Alliance Realty Group
    652 Route 299, Suite 100
    Highland NY, 12528