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$3,800,000
Est. payment /mo
0.25 Acres Lot
UPDATED:
Key Details
Property Type Mixed Use, Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 963756
Rental Info No
Year Built 1924
Annual Tax Amount $77,723
Lot Size 0.254 Acres
Acres 0.2541
Property Sub-Type Mixed Use
Source onekey2
Property Description
Calling All Investors, Developers & End-Users!!! 29,900+ Sqft. Free Standing Building With Private Gated Parking Lot On Jamaica Avenue For Sale!!! The Property Features Excellent Signage, Great Exposure, C8-1 Zoning, 46 Parking Spaces In A Private Lot, High 18' Ceilings, Full Basement, 2 Lots, Multiple Roll-Up Doors, Elevator Bay, 3 Phase Power, Strategically Placed Curb Cuts, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Queens Village Minutes From The Cross Island Pkwy., Belmont Racetrack & UBS Arena!!! The Property Has 165' Of Frontage On Busy Jamaica Avenue!!! This Building Is Situated On A Huge 20,900+ Sqft. Lot & Was Built In 2021!!! Neighbors Include Capital One Bank, TD Bank, Jeep-Dodge-Ram, T-Mobile, Walmart, The Home Depot, Stop & Shop, Walgreens, Retro Fitness, Popeye's Louisiana Kitchen, King Umberto's, Wingstop, Wendy's, +++!!! This Property Has A Daily Traffic Count Of 23,800+ Vehicles Per Day!!! The Entire Property Can Be Delivered Vacant If Need Be. This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!!
Income:
19,000+ Sqft. Building + Full LL & Parking Lot: $779,064 Ann. NNN. (Available)
Pro Forma Gross Income: $779,064 Ann.
Taxes: $77,723.68 Ann.
Total Expenses: $0 Ann.
Net Operating Income: $779,064 Ann. (Pro Forma 20.5% Cap!!!)
Income:
19,000+ Sqft. Building + Full LL & Parking Lot: $779,064 Ann. NNN. (Available)
Pro Forma Gross Income: $779,064 Ann.
Taxes: $77,723.68 Ann.
Total Expenses: $0 Ann.
Net Operating Income: $779,064 Ann. (Pro Forma 20.5% Cap!!!)
Location
State NY
County Queens
Rooms
Basement Full
Interior
Heating Other
Cooling Central Air
Fireplace No
Exterior
Utilities Available Electricity Connected, See Remarks
Total Parking Spaces 26
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Block
Others
Special Listing Condition None
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Listed by All Island Estates Realty Corp • Richard Matt Shane
NEARBY SCHOOL & BUSINESS
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Randy Reis
Team Leader | License ID: 40RE1176716
Team Leader License ID: 40RE1176716