20612 Jamaica Ave
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20612 Jamaica Ave
0.16 Acres of Commercial Land Offered at $2,800,000 in Queens Village, NY 11428
Investment Highlights
- Heavy traffic
- Good Location
- Garage No lease
- Commercial zoning
Executive Summary
Land Sale for development. Lot Area: 7,000 sq ft (60' x 116')
# of Buildings: 1 Year built: 1925
Building frontage: 50' (Building frontage along the street measured in feet.)
# of Buildings: 1 Year built: 1925
Building frontage: 50' (Building frontage along the street measured in feet.)
Financial Summary (Actual - 2021) |
Annual | Annual Per AC |
|---|---|---|
| Gross Rental Income |
$8,000
|
$49,782.20
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$8,000
|
$49,782.20
|
| Taxes |
$14,000
|
$87,118.86
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$14,000
|
$87,118.86
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2021)
| Gross Rental Income | |
|---|---|
| Annual | $8,000 |
| Annual Per AC | $49,782.20 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income | |
|---|---|
| Annual | $8,000 |
| Annual Per AC | $49,782.20 |
| Taxes | |
|---|---|
| Annual | $14,000 |
| Annual Per AC | $87,118.86 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $14,000 |
| Annual Per AC | $87,118.86 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
Property Facts
| Price | $2,800,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.16 AC |
| Property Type | Land |
| Price | $2,800,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.16 AC |
1 Lot Available
Lot 6
| Price | $2,800,000 | Lot Size | 0.16 AC |
| Price Per AC | $17,423,988 |
| Price | $2,800,000 |
| Price Per AC | $17,423,988 |
| Lot Size | 0.16 AC |
Lot Area: 7,000 sq ft (60' x 116') # of Buildings: 1 Year built: 1925 Building frontage: 50' (Building frontage along the street measured in feet.) # of floors: 1 Building Area: 4,500 sq ft Total Units: 2 Residential Units: 0 Primary zoning: C8-1 Com
Description
Existing Garage with No lease, Rent- $8,000 per month. Taxes $14,000
1 of 1
Walk Score ®
Very Walkable (79)
Transit Score ®
Excellent Transit (76)
PROPERTY TAXES
| Parcel Number | 10835-0006 | Total Assessment | $147,600 (2024) |
| Land Assessment | $49,500 (2024) | Annual Taxes | $14,000 |
| Improvements Assessment | $98,100 (2024) | Tax Year | 2021 |
PROPERTY TAXES
Parcel Number
10835-0006
Land Assessment
$49,500 (2024)
Improvements Assessment
$98,100 (2024)
Total Assessment
$147,600 (2024)
Annual Taxes
$14,000
Tax Year
2021
zoning
| Zoning Code | C8-1 (Commercial/manufacturing. Heavy commercial services that often require large amounts of land.) |
| C8-1 (Commercial/manufacturing. Heavy commercial services that often require large amounts of land.) |
-
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20612 Jamaica Ave
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