Commercial Sale in Jamaica, Queens, NY 11418 | Web ID: PH529231 | $2,800,000

 
Property Description

Calling all investors, developers & end-users!!! 2 unit 6, 000+ sqft medical office building with private gated parking lot for sale!!! The building features great exposure, excellent signage, 18 parking spaces, strong r6a/c2-2 zoning, high 15' ceilings, private gated parking lot, finished basement, strategically placed curb cut, all new led lighting, 3 phase power, cac, +++!!! The property is located in the heart of richmond hill less than 10 minutes from the jamaica lirr station!!! Neighbors include toyota, ups, verizon, the home depot, 7-eleven, stop & shop, m&d bank, t-mobile, dunkin', cvs, cubesmart self storage, safeguard self storage, autozone, bp gas, amoco, dollar tree, rite aid, planet fitness, crunch fitness, mcdonald's, key food, domino's, ihop, +++!!! This property has huge upside potential!!! This could be your next development site / the next home for your business!!! Income: 6, 077 sqft. Office building: $303, 850 ann. (available) pro forma gross income: $303, 850 ann. Expenses: gas: $0 electric: $0 water: $1, 407 ann. Insurance: $1, 358 ann. Taxes: $37, 587. 84 ann. Total expenses: $40, 352. 84 ann. Pro forma net operating income (noi): $263, 497. 16 ann. (9. 41 cap!!! )

Property Information
Location/Town Jamaica
Area/County Queens
Prop. Type Commercial Sale
Tax $37,588.00
# Stories 2
Year Built 1931
Total Units 2
Lot Size 61x64.5
Lot SqFt 3,935
Zoning Office Bld
Tax Lot 89
Units 2
Listing information courtesy of: All Island Estates Realty Corp
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