$1,350,000
132-04 Jamaica AVE Richmond Hill, NY 11418
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$1,350,000
Est. payment /mo
2,178 Sqft Lot
Active
132-04 Jamaica AVE Richmond Hill, NY 11418
UPDATED:
09/03/2024 08:33 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3575684
Originating Board onekey
Rental Info No
Year Built 1935
Annual Tax Amount $20,619
Lot Size 2,178 Sqft
Acres 0.05
Lot Dimensions 20x119
Property 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.
Location
State NY
County Queens
Zoning M1-1, R4
Interior
Heating Electric, Natural Gas, Baseboard
Fireplace No
Building
Story 2
Sewer Public Sewer
Others
Special Listing Condition None
Listed by Tyme Realty Corp • 646-893-8963
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