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102-45 Jamaica Ave Richmond Hill, NY 11418
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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 KEYL3440701
Sold Date 05/22/23
Originating Board onekey2
Rental Info No
Year Built 2007
Annual Tax Amount $11,011
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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Bought with Lavilla Homes Inc