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$ 1,350,000
Est. payment /mo
Active
132-04 Jamaica AVE Richmond Hill, NY 11418
UPDATED:
12/04/2024 10:13 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID KEYL3575684
Originating Board onekey2
Rental Info No
Year Built 1935
Annual Tax Amount $20,619
Lot Dimensions 20x119
Property Description
Discover a rare investment opportunity in this prime mix-use building, perfectly positioned in a high-traffic, desirable location along Jamaica Avenue. Close proximity to public transportation, ONLY four short blocks to the E & F subway train line at the Jamaica/Van Wyck Station and Van Wyck Expressway. 18 min walk to LIRR and AirTrain. To the west, subway lines J & Z. Large scale new developments surround this ideal site. Some of the prestigious neighboring business include:Jamacia Hospital Medical Center,Starbucks, Walgreens, T-Mobile, Bank of America, Subway, Planet Fitness, Dunkin' Donuts, Go Detox Bar Juice and Grill, Forest Hills Orthopedic Group, Ezra Jack Keats Pre-K Center, Benjamin Moore, Balkan Sewer & Water Main, CVS...This property features a blend of retail and garage, plus two residential apartments above, offering versatile income streams. The ground floor & basement level is occupied by a NFP church since 2017, the garage is vacant and ready for lease, and two 2-bed & 1 full bath walkup apartments. Shared egress driveway for garage access, in rear. The property is ideal for an investor looking to capitalize on a thriving area and current below market rents! Exceptional asset with strong growth potential! See setup attached for financial information., Additional information: vac_perc:0, Building Size:20' x 70'
Location
State NY
County Queens
Interior
Heating Electric, Natural Gas, Baseboard
Fireplace No
Exterior
Total Parking Spaces 2
Private Pool No
Building
Story 2
Sewer Public Sewer
Others
Special Listing Condition None
Listed by Tyme Realty Corp