Richmond Hill, NY 11418,102-45 Jamaica Ave

$2,050,000

Est. payment /mo

$2,199,000

6.8%
Est.Price: ?

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102-45 Jamaica Ave Richmond Hill, NY 11418

7,616 SqFt

SOLD DATE : 05/22/2023

Key Details

Sold Price $2,050,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 7,616 sqft

Price per Sqft $269

MLS Listing ID L3440701

Sold Date 05/22/23

HOA Y/N No

Rental Info No

Year Built 2007

Annual Tax Amount $11,011

Source onekey2

Property Description

Income Producing Building. The property is 4 Stories 7,616 Sq. Ft. Mixed -Use Building, Which includes One 2,500 Sq. Ft. Commercial Store on the First Floor and (6) Two Bedroom Apartments, Each Apartment is 1000 Sq. Ft. All Units Are Paying For All Their Utilities, Including Heat, Gas And Electric. There Are 6 Boilers and 7 Separate Meters. The basement is 2,000 Sq. Ft. It Has Separate Entrance From The back Of the Building, It Can Be Rented for Storage. The lot Size is 127 Sqft Long and There Are 5 Parking Spaces In the Back Of The Property. The Roof Can Be Rented to Put Large Signs For Advertisement. The Building is in Prime Location on Jamaica Ave, and Very Close to The Subway J & Z Train Station On The Corner of 104 St and Jamaica Ave. Excellent Income Producer, With Very Low Expenses. Total Gross Income is $188,912 Net Income $167,701. Cap Rate 7%, Additional information: vac_perc:0, Building Size:26X66, 7,616 SF

Location

State NY

County Queens

Interior

Heating Natural Gas

Fireplace No

Exterior

Total Parking Spaces 5

Private Pool No

Building

Sewer Shared

Others

Special Listing Condition None

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Listed by Winzone Realty Inc
Bought with Lavilla Homes Inc
agent

Triolo Realty Group Inc.

Broker

+1(718) 844-5414

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