80-19 101st Ave
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80-19 101st Ave
3,200 SF 100% Leased Retail Building Jamaica, NY 11416 $1,395,000 ($436/SF) 6.24% Cap Rate
Executive Summary
Excellent mixed use corner property in Ozone Park, featuring One storefront, one 1 bedroom unit, two 2 bedroom units and a garage. All units are tenant occupied. Tenant pays for their own utilities. Residential units will be delivered vacant. Gross Operating income is $123,600. Located in a nice residential neighborhood, Close to Bus, Shops, Restaurants, Schools & Other community amenities. Great Investment Property!!
Unit_1
1st fl
Store- active laundry business.3Yrs lease left.
Tenant
$3500
Unit_2
1st fl
1 Bedroom, 1 Bathroom, Kitchen, Livingroom
Tenant
$1700
Unit_3
2nd fl
2 Bedrooms, 1 Bathroom, Kitchen, Livingroom
Tenant
$2300
Unit_4
2nd fl
2 Bedrooms, 1 Bathroom, Kitchen, Livingroom
Tenant
$2300
Gross Operating Income:123600
# 1Bedrooms:1
# 2Bedrooms:2
Fuel Expenses:2400
Insurance Expenses:5538
Water Expenses:5400
For more information call listing agent -3478400222
Unit_1
1st fl
Store- active laundry business.3Yrs lease left.
Tenant
$3500
Unit_2
1st fl
1 Bedroom, 1 Bathroom, Kitchen, Livingroom
Tenant
$1700
Unit_3
2nd fl
2 Bedrooms, 1 Bathroom, Kitchen, Livingroom
Tenant
$2300
Unit_4
2nd fl
2 Bedrooms, 1 Bathroom, Kitchen, Livingroom
Tenant
$2300
Gross Operating Income:123600
# 1Bedrooms:1
# 2Bedrooms:2
Fuel Expenses:2400
Insurance Expenses:5538
Water Expenses:5400
For more information call listing agent -3478400222
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,200 SF
Building Class
C
Year Built
1931
Price
$1,395,000
Price Per SF
$436
Cap Rate
6.24%
NOI
$87,046
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.47
Land Acres
0.05 AC
Zoning
R5/C2-2 - Primarily residential with commercial uses on the street level.
Frontage
Walk Score ®
Very Walkable (83)
Transit Score ®
Excellent Transit (83)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 09051-0033 | Improvements Assessment | $101,612 |
Land Assessment | $84,889 | Total Assessment | $186,501 |
PROPERTY TAXES
Parcel Number
09051-0033
Land Assessment
$84,889
Improvements Assessment
$101,612
Total Assessment
$186,501
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Presented by
Key Max Realty Corp
80-19 101st Ave
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