10208 101st Ave
2,040 SF 50% Leased Retail Building Jamaica, NY 11416 $1,090,000 ($534/SF)
Executive Summary
Prime investment opportunity at 102-08 101 Ave, located in a versatile R6B/C2-3 zoning district that supports a range of commercial and mixed-use options. Just an 8-minute walk to the A train, this property also benefits from proximity to local supermarkets, Chinese restaurants, and laundromats, making it convenient for tenants and customers alike. Spanning 2,040 sq ft, the building features a versatile commercial storefront on the ground floor, currently leased to a law office. The second floor offers two well-maintained 1-bedroom apartments. Both the roof and boiler were updated 2 years ago. Additional highlights include a finished basement and a private backyard, enhancing its appeal for both investors and owner-occupiers, Additional information: vac_perc:0, Building Size:2040
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,040 SF
Building Class
C
Year Built
1910
Price
$1,090,000
Price Per SF
$534
Percent Leased
50%
Building Height
3 Stories
Building FAR
1.20
Lot Size
0.04 AC
Zoning
R5 - Medium density district with a height limit of 40 feet
Frontage
22 FT on 101st Ave
Walk Score®
Very Walkable (84)
Transit Score®
Excellent Transit (82)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 09420-0004 | Improvements Assessment | $21,858 |
Land Assessment | $7,379 | Total Assessment | $29,237 |