113-10 Jamaica Ave
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113-10 Jamaica Ave
3,300 SF 100% Leased Retail Building Richmond Hill, NY 11418 $1,480,000 ($448/SF) 5.94% Cap Rate
Investment Highlights
- Good food traffic
- Brick constructed
- Lots of natural lights
Executive Summary
Remarkable multi-family with a store or mixed-use building available for your investment dreams. With a prime location and endless possibilities, this property offers the perfect opportunity for investors or entrepreneurs. The ground floor features a spacious store space with high visibility and foot traffic. Potential significant returns, this property on Jamaica Avenue is a rare find. Don't miss out on this exceptional investment opportunity!
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,300 SF
Building Class
B
Year Built
1920
Price
$1,480,000
Price Per SF
$448
Cap Rate
5.94%
NOI
$87,942
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.36
Lot Size
0.06 AC
Zoning
R6A - R6A/R4A
Frontage
26 FT on Jamaica Ave
Walk Score ®
Walker's Paradise (93)
Transit Score ®
Excellent Transit (81)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 09303-0005 | Improvements Assessment | $60,445 |
Land Assessment | $24,002 | Total Assessment | $84,447 |
PROPERTY TAXES
Parcel Number
09303-0005
Land Assessment
$24,002
Improvements Assessment
$60,445
Total Assessment
$84,447
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113-10 Jamaica Ave
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