139-20 109 Avenue Jamaica, NY 11435
Commercial-Other
MLS #: 869249
Listed By CENTURY 21 Milestone Team Realty
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Property InformationDescription
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.
Features
- Age: Over 50 Years Old
- Basement: Full
- Building Area: 4620.00 SF
- Cooling: A/C
- Cross Docks: N
- Exterior Description: Brick
- For Auction: N
- Gross Income: 243430.00
- Heating - Fuel Type: Gas
- Level Number: 2
- Lot Size In Text: 4675 Sq. Ft.
- MLSID: 869249
- Net Operating Income: 200430.00
- Price Upon Request: N
- Sewer: Public
- Style: Other Style
- Sublease: N
- Tax Year: 2025
- Taxes: $31130.00
- Total Units: 4
- Water: City Water
- Year Built: 1950
- Zoning: R3A
