139-20 109 AVE #4 new Save Request In-Person Tour Request Virtual Tour
Jamaica,NY 11435
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