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132-04 Jamaica Avenue, Richmond Hill, NY, 11418 $1,350,000

Misc Commercial , 3200 SqFt 

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Details ML#: 3575684  

  • Sale or Rent:Sale
  • Year Built: 1935
  • Taxes: $20,619
  • Status:Active

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.

More Property Details

Property Features

Lot Sq Ft: 2380   Approx. Int. Sq. Ft.: 3200.00   Parking Spaces: Yes   Parking Spaces: 2   Stories: 2  

Appliances & Utilities

Heat: Electric, Natural Gas, Baseboard   Sewer: Public Sewer  

Financial

Taxes: $20,619  

Local Area Information

Block: 9340   Lot: 102  

Listing Information provided courtesy of Tyme Realty Corp  646-893-8963
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