Jamaica, NY 11435,139-20 109 AVE #4
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$2,700,000
Est. payment /mo
4,673 Sqft Lot
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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 869249

Rental Info No

Year Built 1950

Annual Tax Amount $31,130

Lot Size 4,673 Sqft

Acres 0.1073

Property Sub-Type Mixed Use

Source onekey2

Property Description

Welcome to this Investment opportunity, a one of a kind 4-unit commercial gem . All units fully renovated with a 2nd story residential unit. Located in the heart of Jamaica, Queens on a spacious 5,008 sq ft, corner lot, just minutes from JFK airport, major highways and surrounded by a mix of residential and commercial developments. Property features a cap rate of 7+% with 4 solid tenants, a combined annual rental income of $243,430 with projected growth of $251,406. Current NOI $200,430. Don't miss this opportunity to secure a cash- flow investment in one of Queens most in-demand neighborhoods. Call for rent roll/setup sheet. See details attached.

Location

State NY

County Queens

Rooms

Basement Full

Interior

Heating Natural Gas

Cooling Multi Units

Fireplace No

Exterior

Utilities Available Electricity Available, Electricity Connected, Natural Gas Available

Building

Story 2

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Structure Type Brick

Others

Special Listing Condition None


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Listed by Century 21 Milestone Team Rlty
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The mission of the ASA Real Estate Group is to provide a lifelong, positive impact on our clients, our communities, our team, as well as the other realtors with which we work. We specialize in assisting Buyers and Sellers transact. With our extensive knowledge of the market we help our clients get the best possible price for their home through proactive marketing approach. We guide sellers and buyers through every step of the process and keep them updated their transaction.

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139-20 109 AVE #4