Listed By CENTURY 21 Milestone Team Realty
The Commercial Property for Sale located at 139-20 109 Avenue , Jamaica, New York 11435 is currently for sale. 139-20 109 Avenue , Jamaica, New York 11435 is listed for $2,700,000.
$2,700,000 USD
Commercial for Sale, 139-20 109 Avenue , Jamaica, New York 11435
- MLS#869249
- Minimum sellable space
429 m² (4,620 ft²)
Property features
Property
- Property size:
429 m² (4,620 ft²)
Lot/Land
- Land/Lot size:
434 m² (4,675 ft²)
Construction
- Year built: 1950
- Construction: Brick
- Basement and foundation: Full Basement
Heating and Cooling
- Heating system: Gas
- Cooling system: Air Conditioning
Utilities
- Other utilities: City WaterPublic Sewer
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
139-20 109 Avenue , Jamaica, New York 11435