139-20 109 Avenue Unit 4
Jamaica,
NY
11435
- Commercial
- Year Built 1950
- Mixed Use
- ML# 869249
Property Details
Overview
Welcome to this Investment opportunity, a one of a kind 4-unit commercial gem . All units fully renovated with a 2nd story residential unit. Located in the heart of Jamaica, Queens on a spacious 5, 008 sq ft, corner lot, just minutes from JFK airport, major highways and surrounded by a mix of residential and commercial developments. Property features a cap rate of 7+% with 4 solid tenants, a combined annual rental income of $243, 430 with projected growth of $251, 406. Current NOI $200, 430. Don’t miss this opportunity to secure a cash- flow investment in one of Queens most in-demand neighborhoods. Call for rent roll/setup sheet. See details attached.
Key Facts
- •Lot Size: 0.1073
- •Lot Sq Ft: 4675
- •Taxes: $31,130
- •Sale or Rent: Sale
- •Construction Materials: Brick
- •Stories: 2
- •Heat: Natural Gas
- •A/C: Multi Units
- •Water: Public
- •Sewer: Public Sewer
Listing Information provided courtesy of
Century 21 Milestone Team Rlty
718-291-7000
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